CoFIF closed another week up only 1-3% across its 5 contracts while average
daily turnover was up 46% WoW back to $1.9bn a day.
Although the spot SCFIS reported 8% WoW drop after market on 4 Sep, the CoFIF
market saw a huge boost of liquidity the next day (5 Sep) where total trading
volume jumped to 400,000 lots, the highest since the launch of CoFIF, while the
price of most traded contracts, EC2404, went up 7% for the day. Though, the
market quickly gave up most of those 7% gains in the follo