MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), set a new record for November volume, closing the month at 195,316 contracts traded and shattering the previous record set in 2010. This total is an 18 percent increase over the volume from November 2013, and the 12th-best month in Exchange history. Electronic volume also reached an all-time high for November, totaling 168,518, the 8th-best electronic month ever.
During the month, new records were also set in the areas of annual total volume and annual electronic volume. Total volume during the year has now reached 2,010,123, surpassing the 2 million mark for the first time ever. This figure is 46 percent higher than it was a year ago.
Electronic volume for the year is now at 1,712,322 with one month remaining. Open interest following Friday’s activity was 66,469.More information on MGEX volume and open interest can be found at www.mgex.com.