ELX Futures, L.P. (ELX Futures) announced today multiple volume and market share records in the month of March and the first quarter of 2010 for the combined five U.S. Treasury futures products. ELX set single quarter market share and volume records as well as reporting its highest average daily Open Interest, up 48.6% in the first quarter 2010 from the previous quarter.
Monthly and Quarterly Highlights:
- ELX finished the quarter on a strong note with 2.9% market share for the month of March, setting a new single month record.
- ELX set a total quarterly market share record for the combined five U.S. Treasury futures products at 2.6%, up 5.2% from the prior quarter.
- ELX set a total volume record for the combined five U.S. Treasury futures products at 3.3M, up 18.8% from the prior quarter.
- Quarterly ADV set a record at 54K, up 24.7% from the prior quarter.
- March was the highest volume month ever with 1.27M contracts traded.
- Average daily Open Interest surged 48.6% in the first quarter of 2010 from the prior quarter.
- ELX had a record month for the 30 Year Treasury Bond at 3.2% market share.
- ELX set single day volume records in March for the 2 and 10 Year Treasury Notes and total exchange volume.
Neal Wolkoff, Chief Executive Officer of ELX Futures, said, “March has been a remarkable month for ELX, which has resulted in record volume and market share for the month and the first quarter of 2010. ELX has made a noticeable impact in the futures industry and we expect to carry this momentum through the rest of the year. There is growing interest in our business model and I am confident that we will continue to attract more market participants to take a look at our compelling fee structure and the advantages of trading on a fully electronic and regulated futures exchange.”
