MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has recorded its highest open interest total of all-time, closing Wednesday’s activity at 97,145 contracts.
This surpasses the previous record set on February 13, 2017 with 95,596 contracts.This is the fifth day this month the Exchange has seen a top 25 open interest figure. The Exchange has seen an increase in open interest this past week, with a 42 percent increase occurring during the month. Open interest is currently 52 percent higher than at this time a year ago.
Total daily volume from Wednesday also finished at high numbers, concluding the day at 26,735, making it the 4th-best day. Six days this month have seen top 15 daily volume numbers, including the best daily volume total ever, when 33,453 contracts traded on June 13.