MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports a top 25 record in total trade volume from Wednesday. Total volume was 16,005 contracts, 24th best in daily volume history. Total electronic volume also finished strong as the 16th best day in electronic volume history with 13,985 contracts traded.
Additionally, MGEX has set a new record for calendar year volume. With seven weeks remaining in the year, the Exchange has already totaled 1,894,681 trades during 2014, surpassing the previous high set in 2007. MGEX has reported a total volume of at least 1 million in every year since 2001.
Open interest after Wednesday’s trade date came in at 74,676 contracts.
More information on MGEX volume and open interest can be found at www.mgex.com.