MGEX Has 3rd-Best May Of All-Time

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports its third-highest volume during the month of May, coming in at 153,578 contracts traded.

Total volume from May concluded at high numbers, surpassing last year’s total by 30 percent. This marks the fourth time that volume has surpassed 130,000 during the month of May. Additionally, total options volume saw high numbers concluding the month at 4,392, which is three times more than last year’s total.

Electronic volume for the month also finished with strong numbers, coming in at 133,801 contracts traded.

Total volume for the year now stands at 1,052,884, which is 20 percent higher than at this time last year. Open interest following Wednesday’s activity was 68,623, up 14 percent from last year.