MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), concluded its fiscal year on Wednesday with a total volume of 2,261,375 making it the 2nd-best fiscal year of all time.
This is the 3rd-consecutive year the Exchange’s total volume has surpassed 2 million, falling short of last year’s total by less than one percent. Total volume for the calendar year currently stands at 1,534,283.
The 2015-2016 fiscal year has eight days in the top 25 daily exchange volume records. There are five months in the top 25 monthly exchange volume records, along with the best month overall in November 2015. Daily exchange open interest records were also broken throughout February, including the top day on February 12 with open interest of 87,186.
Electronic volume totaled 1,954,754 during the year. Five of the top 25 monthly electronic volume months took place within the last fiscal year – with the highest monthly electronic volume in Exchange history occurring in November. Additionally, eight of the top 25 daily electronic volume records were set during the fiscal year.
