MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports its second-highest volume during the month of October since 2007, coming in at 158,766 contracts traded.
This marks the seventh-consecutive month that MGEX has recorded a volume of more than 130,000. Electronic volume from October finished the month at 137,143, making it the second-best total ever for the month.
Total volume for the calendar year now stands at 1,878,774, which is four percent higher than at this time a year ago. Open interest following Friday’s activity was 73,958, which is six percent higher than a year ago.