.jpg)
MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has concluded the month of August with a total volume of 260,405, making it the 3rd-best month in the history of the Exchange.
This is the 2nd-highest volume total during the month of August, falling short of last year’s record total by just 2 percent. Electronic volume from August also finished at 3rdbest, closing the month at 226,483 contracts traded.
A new daily top 15 record was also broken during the month. On August 23, the Exchange recorded total volume of 19,109, making it the 13th-best day for total volume.
Calendar year volume now stands at 1,534,283 with four months remaining. Open interest following Wednesday’s activity was 64,296. Additionally, Hard Red Spring Wheat futures open interest was 61,008, which is 10 percent higher than a year ago.
