MGEX Concludes 4th-Best Month In Its History

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports a total volume of 247,562 from February, making it the 4th-best month in the history of the Exchange. This is also the highest February volume total of all-time, up 11 percent from the previous record set in 2011.  

Electronic volume for the month also finished at 4th-best all-time and set a new February record, coming in at 218,598 contracts traded. The month of February concluded with 14-consecutive days of volume greater than 10,000.  

The highest open interest total ever for the Exchange was seen during February, when it reached 87,186 on February 12. Total volume through two months now stands at 403,395, which is three percent higher than at this time a year ago.  

Open interest following Monday’s activity was 73,212, which is four percent higher than at this time a year ago.