Electronic trading of futures and options contracts on MGEX (Exchange) today set a new monthly record of 123,440 with two trading days remaining in the month. The total surpassed the previous record of 119,902 set in June 2009 by 3,538 contracts. Today’s trading of Hard Red Spring Wheat (HRSW) and Soft Red Winter Wheat Index (SRWI) contracts totaled 8,198, making November 25 a top 10 electronic volume day.
MGEX has enjoyed eight top 20 electronic volume days in November including November 9 when 18,592 contracts traded, marking a new all time high and exceeding the former daily electronic record by 7,446 contracts. November top 20 daily electronic volume dates are listed below:“The electronic records set earlier in the month laid the foundation for strong trading heading into the Thanksgiving Day holiday,” Joe Albrecht, Vice President, Business Development, MGEX said. “We are pleased to see the continued utilization of our flagship Spring Wheat contract and encouraged by the consistent participation in our Soft Red Winter Wheat Index contract,” Albrecht said.
