4
4,517,42324,832,864
104,117,793335,825,947
107,484,253386,959,234
15,12861,24176,369
18,07633,77551,851
214,415560,224774,639
114,955520,966635,921
74,664
28,152
834,1951043
64064077,009
051,851
74,664849,303
28,152664,073
8,0594,9489,8971,987,099
12,3678,32412,6851,935,232
51114,75890,973174,53829,319,62411,866
160,20071,124191,64424,058,528
(continues)
238
THE COMPLETE GUIDE TO FUTURES TRADING
International Exchanges Futures, Options, and Options on Equities Volume (Continued)CommodityGroup
Dec.2004
Jan.–Dec.2003
Jan.–Dec.2004
2,010,003
1,968,608
629,711,816
24,481,496
4206424,779,86112,693,995
7542733,173,12011,743,384
7,0037,64373,668,131174,487,319
8,0757,10963,152,339230,863,609
17,474,91819,484,92145,659,083
14,917,53116,886,13947,355,475
248,170,096277,881,912694,970,981
294,031,132318,512,628790,381,989
48,60648,606
61,18961,189
610,908610,908
555,052555,052
9,086
12012,686
8,440142,702
1,299147,655
Options Total
9,086
12,806
151,142
148,954
Copenhagen Stock Exchange Total
57,692
73,995
762,050
704,006
1,729,030572,190
1,805,069675,0811,080390
24,012,9698,429,9816001,5901,45574,180737,610
DJ STOXX SM 50Futures Total
Equity
Options on RapeseedOptions on WheatCAC 40 Index OptionsAll Options on Individual Equities
Agric. Opt.Agric. Opt.Equity Opt.Ind. EquityOpt.
Options TotalEuronext—Paris TotalEuronext TotalCOPENHAGEN STOCK EXCHANGE,THE FUTOP MARKET, DENMARKKFX Stock IndexFutures TotalKFX Stock Index OptionsAll Options on Individual Equities
INTERNATIONAL PETROLEUMEXCHANGE, U.K.Brent Crude OilGas OilNatural Gas—SeasonsNatural Gas—QuartersNatural Gas BOMNatural Gas Daily (NBP)Natural Gas Monthly (NBP)Electricity Baseload—MonthlyElectricity Baseload—QuartersElectricity Baseload—SeasonsFutures TotalBrent Crude Oil OptionsGasoil OptionsOptions Total
Equity
Equity Opt.Ind. EquityOpt.
EnergyEnergyEnergyEnergyEnergyEnergyEnergyEnergyEnergyEnergy
Energy Opt.Energy Opt.
International PetroleumExchange, U.K., TotalITALIAN DERIVATIVES MARKET OFTHE ITALIAN STOCK EXCHANGEMIB 30 IndexMini FIB 30 IndexMIDEXAll Futures on Individual EquitiesFutures Total
EquityEquityEquityIndiv. Equity
Dec.2003
2,334,545
4802,522,745
33,258,385
25,458,2599,355,76715,09024,0459090609,3501,0709002,28035,466,941
1,5021,5153,017
1,7025,5687,270
49,52033,33982,859
28,68845,15473,842
2,337,562
2,530,015
33,341,244
35,540,783
282,296132,719
268,85983,325
3,331,8431,485,112
18,084433,099
176,428528,612
4,263,8862,570,238358468,0837,302,565
90
33,235
40,365280
1,734,2566,551,211
239
Appendix A: Domestic and International Futures Contract Volume
International Exchanges Futures, Options, and Options on Equities Volume (Continued)CommodityGroup
MIB 30 Index OptionsAll Options on Individual Equities
Equity Opt.Ind. EquityOpt.
Options TotalItalian Derivatives Market TotalKOREA FUTURES EXCHANGEKorea Treasury BondsFive-Year Treasury BondMonetary Stabilization BondKOSPI 200*KOSDAQ50 IndexGoldU.S. DollarFutures TotalKorea Treasury Bond OptionsKOSPI 200 Options*KOSDAQ50 IndexAll Options on Individual Equities*Options TotalKorea Futures Exchange TotalLONDON METAL EXCHANGEHigh Grade Primary AluminumAluminium AlloyNorth American Special AluminumAlloyCopper—Grade AStandard LeadPrimary NickelSpecial High Grade ZincTinLMEXFutures TotalHigh Grade PrimaryAluminum OptionsAluminium Alloy OptionsNorth American Special AluminumAlloy OptionsCopper—Grade A OptionsStandard Lead OptionsPrimary Nickel OptionsSpecial High Grade Zinc OptionsTin OptionsPrimary Aluminium TAPOs
InterestInterestInterestEquityEquityPreciousForeign
Dec.2003
Dec.2004
Jan.–Dec.2003
Jan.–Dec.2004
161,464514,303
157,277894,403
2,505,3517,924,078
2,220,8079,500,498
675,7671,108,866
1,051,6801,580,292
10,429,42917,731,994
11,721,30518,272,516
604,88043,73711,2124,492,80444,1779,164127,2575,333,231
477,172
10,285,042171,538207,20962,204,783727,99756,9981,506,12375,159,690
7,352,307612,62155,608,856206,2219692,090,29165,261,326
1,2292,837,724,95338,159
2,521,557,27411
173,874,552178,821,318
2,837,734,3442,912,894,034
2,521,557,2762,586,818,602
Interest Opt.Equity Opt. 230,836,792Equity Opt.Ind. EquityOpt.230,836,792236,170,023
4,252,6884,612212,2944,946,766
173,874,552
NonpreciousNonpreciousNonprecious
2,300,44470,31891,598
2,648,87330,177106,070
26,953,102703,356833,022
29,232,921429,4591,192,100
NonpreciousNonpreciousNonpreciousNonpreciousNonpreciousNonprecious
1,652,200355,474338,580859,600117,971
1,370,823281,725246,522834,35285,289
19,437,7404,504,2464,220,43410,470,1711,448,083
18,171,2043,786,3753,177,20610,211,096971,612
5,786,185
5,603,831
68,570,154
67,171,973
199,330
183,309
1,618,895
2,217,021
75
54150
2882,385
99,5935,0407,55367,2551701,404
1,239,52395,967144,489386,6528,070137,598
1,721,91476,342119,942471,0973,22755,539
Nonprec. Opt.Nonprec. Opt.Nonprec. Opt.Nonprec. Opt.Nonprec. Opt.Nonprec. Opt.Nonprec. Opt.Nonprec. Opt.Nonprec. Opt.
100,5823,3278,37120,2761,1006,050
*These contracts were transferred from the Korea Stock Exchange as of January 2, 2004, and now trade on KFE.(continues)
240
THE COMPLETE GUIDE TO FUTURES TRADING
International Exchanges Futures, Options, and Options on Equities Volume (Continued)CommodityGroup
Aluminium Alloy TAPOsCopper Grade A TAPOsLead TAPOsNickel TAPOsTin TAPOsNorth American Special AluminumAlloy TAPOsSpecial High Grade Zinc TAPOsOptions TotalLondon Metal Exchange Total
Dec.2004
Jan.–Dec.2003
Jan.–Dec.2004
768
39037,43810,6534,0144751,632
3,120377,2415,981,072
8,7383,738,17372,308,327
12,5714,734,92871,906,901
96,7649,48850
94,3616,723
1,434,713126,289781
1,378,334141,9694,327
52
50
116,221
19,494
Nonprec. Opt.Nonprec. Opt.Nonprec. Opt.Nonprec. Opt.Nonprec. Opt.
48,87280
Nonprec. Opt.
816388,8046,174,989
MALAYSIA DERIVATIVES EXCHANGE BERHADCrude Palm Oil (FCPO)AgriculturalThree-Month KLIBOR (FKB3)InterestThree-Year Malaysian GovernmentInterestSecurities (FMG3)Five-Year Malaysian GovernmentInterestSecurities (FMG5)Ten-Year Malaysian GovernmentInterestSecurities (FMG10)KLSE Composite Index (FKLI)EquityFutures TotalKLSE Composite Index Options (FPKO)Options Total
Dec.2003
7,9601,762
90,3811,5514,950
1155,219161,573
77,846178,980
331,4452,009,460
1,088,4192,632,543
0
0
0
0
161,573
178,980
2,009,460
2,632,543
5353
1616
1,3821,382
9595
Equity Opt.
Malaysia Derivatives ExchangeBerhad TotalMEFF RENTA FIJA, SPAINTen-Year Notional BondMeff Renta Fija, Spain, Total
Interest
MEFF RENTA VARIABLE, SPAINIBEX 35Mini IBEX 35All Futures on Individual EquitiesFutures Total
EquityEquityIndiv. Equity
306,06059,8833,133,6763,499,619
350,01278,7692,719,0243,147,805
3,545,9421,070,85312,492,56817,109,363
4,354,8681,182,49712,054,79917,592,164
Equity Opt.Ind. EquityOpt.
311,3231,029,686
305,8911,070,874
2,981,59311,378,992
2,947,5298,200,314
1,341,0094,840,628
1,376,7654,524,570
14,360,58531,469,948
11,147,84328,740,007
1,503285112,1753,974
4,0937441702,4827,489
9,0142,69416117,56929,437
17,3488,00049542,70168,544
Mini IBEX 35 OptionsAll Options on Individual EquitiesOptions TotalMeff Renta Variable, Spain Total
MERCADO A TERMINO DE BUENOS AIRESWheatAgriculturalCornAgriculturalSunﬂowerAgriculturalSoybeanAgriculturalFutures Total
241
Appendix A: Domestic and International Futures Contract Volume
International Exchanges Futures, Options, and Options on Equities Volume (Continued)CommodityGroup
Wheat OptionsCorn OptionsSunﬂower OptionsSoybean OptionsOptions TotalMATBA Total
Agric. Opt.Agric. Opt.Agric. Opt.Agric. Opt.
Dec.2003
Dec.2004
2223121,8442,3786,352
Jan.–Dec.2003
45861078381,4098,898
1,9605387,67510,17339,610
MERCADO A TERMINO DE ROSARIOWheatAgriculturalCornAgriculturalRosafe Soybean Index (ISR)AgriculturalRosafe Corn Index (IMR)AgriculturalU.S. Dollar (DLR)ForeignEuro (EC)ForeignFutures Total
129461649269,862
11,63721701,168
270,660
712,826
Wheat OptionsRosafe Soybean Index (ISR)Rosafe Corn Index (IMR)U.S. Dollar (DLR)Options TotalROFEX Total
Agric. Opt.Agric. Opt.Agric. Opt.Foreign Opt.
826815,60215,644286,304
19,22526,271739,097
ForeignEquityInterestInterestInterestInterestForeignIndiv. Equity
2,92019,862157,50016,126,354
336,51723,836455,08710,224,830
2,718
45,520
81,395220,73111,398,544162,077,3124,68338,279
16,309,354
7,71911,093,509
173,820,944
MEXICAN DERIVATIVES EXCHANGEU.S. DollarIPC Stock IndexCETE 91TIIE 28M3 BondM10 BondUDI Inﬂation IndexAll Futures on Individual EquitiesFutures TotalIPC Stock Index OptionsAll Options on Individual Equities
Equity Opt.Ind. EquityOpt.
Options TotalMEXDER TotalBOURSE DE MONTREALBankers Acceptance Futures3 Months (BAX)30-Day Overnight Repo RateFutures (ONX)Canadian Government Bonds (OBA)Two-Year Canadian Gov’t Bond (CGZ)Ten-Year Canadian Gov’t Bond (CGB)S&P Canada 60 Index (SXF)Gold Index (SXA)
Interest
7,046
1281,13450132,871134,1832,842,496
5,35660
3,30281170312,23317,04985,593
3656,4683097,679,0777,735,8902459,449368,182427,6558,163,545
1,289,386327,9422,418,381206,027,203278,6442013,455210,355,03135,9434,290
16,309,354
5,41611,098,925
173,820,944
40,233210,395,264
478,049
727,109
6,578,451
7,765,060
6,055
1,480
3,754
605218,0693,005,3591,906,038774
InterestInterestInterestInterestEquityEquity
859411,9126152,694,3485752,708,313
Jan.–Dec.2004
43147,783327,596221
26,695189,028302,033378
2,397,1191,681,9941,454
(continues)
242
THE COMPLETE GUIDE TO FUTURES TRADING
International Exchanges Futures, Options, and Options on Equities Volume (Continued)CommodityGroup
Banking Index (SXB)Information Technology Index (SXH)Energy Index (SXY)Futures Total
EquityEquityEquity
Options on Bankers AcceptanceFutures 3 Months (OBX)Canadian Gov’t Bond Options(OBK,OBV,OBZ)S&P Canada 60 Index (SXO)(incl. LEAPS)i60 Index (XIU)Barclays iUnits S&P/TSX CappedGold Index Fund (XGD)Barclays iUnits S&P/TSX CappedFinancials Index Fund (XFN)Barclays iUnits S&P/TSX CappedIT Index Fund (XIT)Barclays iUnits S&P/TSX CappedEnergy Index Fund (XEG)All Options on Individual Equities
Interest Opt.
Dec.2003
Dec.2004
Jan.–Dec.2003
Jan.–Dec.2004
954,692
501,9801,247,273
1106,89045210,676,279
1867262,52412,900,821
15,450
22,979
341,245
265,937
8
744
8
1,000
Interest Opt.Equity Opt.
2,043
2,238
38,221
38,892
Equity Opt.Equity Opt.
16,2215,488
8,6977,370
130,50818,199
120,50254,561
Equity Opt.
3,461
23,038
101,914
73,006
Equity Opt.
383
1,426
9,721
11,800
Equity Opt.
8,319
6,547
10,917
37,783
Ind. EquityOpt.
528,262
648,418
6,355,251
8,311,818
Options TotalBourse de Montreal Total
579,6271,534,319
720,7211,967,994
7,006,72017,682,999
8,914,30721,815,128
NATIONAL STOCK EXCHANGE OF INDIAInterest RateInterestS&P CNX Nifty IndexEquityAll Futures on Individual EquitiesIndiv. EquityFutures Total
1,875,4683,334,4685,209,936
1,447,4645,238,4986,685,962
10,78110,557,02425,573,75636,141,561
23,354,78244,051,78067,406,562
156,077358,022
239,207590,300
1,332,4175,607,990
2,812,1094,874,958
514,0995,724,035
829,5077,515,469
6,940,40743,081,968
7,687,06775,093,629
NEW ZEALAND FUTURES EXCHANGENZ Broad WoolAgriculturalThree-Year Government StockInterestTen-Year Government StockInterest90-Day Bank BillInterestFoX15 Gross Share Price IndexEquityNZSE-10 Capital Share Price IndexEquityFutures Total
52,015
45,5574
493,250
497,181104
21251,403
9445,4572
51,615
45,557
21486,120
492,666
90-Day Bank Bill OptionsOptions TotalNew Zealand Futures ExchangeTotal
40040052,015
45,557
7,1307,130493,250
4,5154,515497,181
Options on S&P CNX Nifty IndexAll Options on Individual Equities
Equity Opt.Ind. EquityOpt.
Options TotalNational Stock Exchange of IndiaTotal
Interest Opt.
1,101735484,263
788491,70668
243
Appendix A: Domestic and International Futures Contract Volume
International Exchanges Futures, Options, and Options on Equities Volume (Continued)CommodityGroup
OMX EXCHANGESInterest RateOMX (Index)HEXTech IndexAll Futures on Individual EquitiesFutures Total
Dec.2003
Dec.2004
Jan.–Dec.2003
Jan.–Dec.2004
705,3371,297,359
6,546,03516,460,9204,257,16827,264,123
InterestEquityEquityIndiv. Equity
587,8081,094,4902412,8802,095,180
469,8592,472,555
6,674,40814,567,900793,072,89924,315,286
Equity Opt.Ind. EquityOpt.
516,6602,275,834
604,1823,354,230
6,371,38143,419,023
8,946,93958,171,571
Options Total
2,792,494
3,958,412
49,790,404
67,118,510
OMX Exchanges—Stockholm andHelsinki Stock Exchanges Total*
4,887,674
6,430,967
74,105,690
94,382,633
InterestEquity
46,10069,087115,187
114,35233,494147,846
436,943764,3761,201,319
1,071,127677,6151,748,742
Equity Opt.Ind. EquityOpt.
26,020152,665
35,532303,128
543,0902,079,405
681,7832,921,209
178,685293,872
338,660486,506
2,622,4953,823,814
3,602,9925,351,734
1,972,138204,9682,281,714
11,166,2882,155,49826,757,964
4,458,820
2,109,442378,79138,483204,3262,731,042
40,079,750
21,248,3706,829,4999,680,6492,818,85540,577,373
InterestInterestEquityEquityEquityEquityEquityEnergyInterestInterestInterest
945,8863,