ELX Futures, L.P. (ELX), a leading electronic futures exchange, announced today that it has established an exchange-wide average daily volume (ADV) record at 97K and an exchange-wide average open interest (OI) record at 320K for the month of February.
In addition, Eurodollar futures set an average OI record at 284K contracts in February and a single-day OI record at 329K contracts on February 24, 2011. The Eurodollar futures contract set a new monthly ADV record, with 25K contracts traded, an increase of over 24% from the prior record. In addition, full-month market share in February set a new record at 1.2%.
U.S. Treasuries also saw huge gains year-over-year, with ADV rising 27% and Average OI surging over 61% from February 2010. ADV for the 30-year Treasury bond set a new record at over 16K contracts.
Neal Wolkoff, Chief Executive Officer of ELX Futures, said, "February was a strong month for ELX as we continue to establish new records and attract attention from market participants. ELX remains committed to driving competition and implementing new business initiatives to compete aggressively as a real challenger in the futures space."