NYBOT Commodity Trading Halted

The New York Board of Trade said trading on its commodity exchanges will be halted at least until Monday after the twin towers of the World Trade Center were destroyed in a terrorist attack.

NYBOT operates the Coffee, Sugar & Cocoa Exchange and the New York Cotton Exchange at 4 World Trade Center, a separate building near the towers.

NYBOT will explore the possibility of moving its operations temporarily to the New York Mercantile Exchange, several blocks away, Chairman Charles Falk said. The two exchanges shared trading space until 1997, when the NYMEX moved to its new headquarters in the World Financial Center.