MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports the second-best month in its history with a total exchange volume of 436,947 contracts. This is the third time in the Exchange’s history where total monthly volume broke 400,000 contracts. October also had the second-best volume day in MGEX history (October 22, 2021 with 36,900 contracts) and five other days hitting the top 25 for total daily volume.
October was also the second-best electronic month in history with a total of 419,843 contracts. Other notable events from this past month include, the best October in history for Hard Red Spring Wheat options, and the best October in history for both total futures volume and total options volume. At the close of market, open interest was recorded at 96,196 which is 21% higher compared to this time last year.
To view more information on MGEX volume records, please visit the MGEX website at www.mgex.com.
