MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), began its calendar year by recording a pair of top 25 records, in both monthly exchange volume and monthly electronic volume. There were a total of 171,432 contracts traded during the month, making January the 25th-highest volume month in the Exchange’s storied history.
Electronic volume for the month totaled 146,999, which is 16th-best all-time on the monthly electronic volume charts. January was the sixth-straight month in which MGEX recorded a volume of more than 150,000, a feat it has now accomplished in 12 of the last 13 months.
Fiscal year-to-date volume is currently 861,897, which is 21 percent higher than that of 2013-2014. Open interest at the end of January was 69,807.
More information on MGEX volume and open interest can be found at www.mgex.com.