MGEX, a Designated Contract Market and Derivatives Clearing Organization, today announced total June 2012 futures and options trading volume for its flagship Hard Red Spring Wheat contract reached 111,963 contracts traded, a 27 percent increase in volume over May. HRSW futures trading gained 28 percent over May with 110,144 futures contracts trading during June.
Electronic futures and options volume of 96,094 puts June in the record books with a top 25 electronic volume month.
Complete volume and open interest information is available at www.mgex.com.
MGEX announced new expanded trading hours in June, increasing electronic trading to 21.25 hours per day. The MGEX marketplace now trades from 5:00 p.m. to 2:15 p.m., Sunday to Friday. Additionally, the Exchange announced its open outcry options trading pit would open at 7:20 a.m. on days of major USDA reports. More information is available on the MGEX website.