MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), announces its best March and the fifth best overall month in MGEX history with a total of 277,629 contracts. This new record shatters the previous record by 37%, previously set in 2017. March’s volume is also 6% higher than February 2020.
Additionally, March was the fourth best month of all time for total electronic volume with 257,947 contracts. Other highlights from March include a pair of daily electronic volume top-25 record days:
- 22nd: March 12, 2020 – 20,840 contracts
- 25th: March 18, 2020 – 20,585 contracts
Open interest following Tuesday’s activity was 80,608 contracts, which is 20% higher than this time last year. With two record breaking months in a row, the Exchange is off to a hot start for 2020 – up 42% over the same period a year ago.
To view more information on MGEX volume records, please visit our website at www.mgex.com.
