ELX Futures, L.P. (ELX), a leading electronic futures exchange, announced today strong second-quarter results and multiple volume records in its U.S. Treasuries and Eurodollar futures contracts. ELX traded 5M contracts in the second quarter and celebrates its second-year anniversary as an electronics futures exchange on July 10.
Highlights:
- During the second quarter, ELX set single-day volume records in total exchange volume (148K on May 6, 2011), combined US Treasury futures (120K on May 6, 2011), the 5-year note (44K on May 6, 2011), and the 30-year bond (28K on June 9, 2011).
- The 30-year bond and the 5-year note established quarterly average daily volume (ADV) records of 20.4K and 15.3K respectively
- The 30-year bond also set a quarterly market share record at 4%.
- Eurodollars set a single-day open interest (OI) record of 332K contracts on April 25, 2011 as well as a quarterly average OI record of 305K contracts.
- ELX celebrates its second-year anniversary on July 10.
Neal Wolkoff, Chief Executive Officer of ELX Futures, said, “In the two years since our launch, ELX has proven to be a strong, innovative and resilient competitor in the futures marketplace. This was another impressive quarter for ELX with multiple records set in our U.S. Treasury and Eurodollar futures contracts. There’s no doubt that ELX has made an imprint in the futures industry and, as we look ahead, the goal remains to offer our customers superior technology and services and provide them with the best trading experience in the marketplace.”