MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), today announced estimated electronic trading of its flagship Hard Red Spring Wheat (HRSW) contract reached 12,743 contracts, making it the tenth highest daily electronic trading volume in Exchange history. Total MGEX futures and options volume was an estimated 17,809, or a top 12 total volume day. Of that total, HRSW options trading accounted for an estimated 4,623 contracts.
April month-to-date electronic trading is 136,151 contracts making April 2011 a top eight trading month for MGEX. It also marks the highest April electronic volume on record.
MGEX saw a top 13 electronic volume day on April 27 when 11,878 contracts traded electronically. The top electronic trading day in MGEX history is February 23, 2011 when 20,836 contracts traded electronically. February 2011 holds the record for highest monthly volume, both electronically and total Exchange.
Complete volume and open interest information is available at www.mgex.com.
