MGEX Breaks AJC Daily Volume, Open Interest Record By Over 50 Percent

MGEX, a Designated Contract Market (DCM) and DerivativesClearing Organization (DCO), set a new daily volume record for Apple Juice Concentrate (AJC) during yesterday’s trading session, shattering the previous record, set on August 29, 2013, by 53 percent. Total volume was reported at 384 contracts, all of which were options contracts. Daily open interest also hit a new high with 746 futures and options contracts, an increase of 51 percent over the previous record set on April 19, 2013.

“It is great to see such substantial increases in both AJC volume and open interest,” said Mark G. Bagan, President & CEO, MGEX. “As we near the end of the calendar year, I am pleased to see interest and growth of the contract, which was designed in large part by the AJC industry seeking a risk management tool.”

Please visit www.mgex.com/ajc/ to view a variety of AJC resources, including a series of six webinars. More information on MGEX volume and open interest can be found at www.mgex.com.