MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), set a pair of top five daily volume records on Thursday, with total volume finishing the day at 24,762 contracts traded, making it the 4th-highest volume day in the history of the Exchange. Electronic volume from Thursday was also the 4th-best of all-time, reaching 23,039.
This marks the fourth day in the last week that daily volume has reached top 10 numbers.
Open interest following Thursday’s activity was 89,225, making it the 18th-highest open interest daily total of all-time. Open interest has seen a 41 percent increase from this time a year ago.
