With a total of 27, 969 contracts traded, Rofex reached the highest traded volume in its Agricultural Division for a month, measured since leaving convertibility.
In February, 763.750 tonnes were traded, surpassing the previous record for this period reached in November 2007. These analyses confirm the continuous growth experienced by the agricultural futures in Rofex.
Also, we must point out that, between February 20 and 29, the Open Interest historical record was daily surpassed in Rofex DDA, reaching a total of 24,949 open contracts in the month’s last trading session.
We must remember that the Open Interest measures the number of contracts that have not been closed out or delivered at the end of each trading session. It is an indicator of the Market’s liquidity and helps to understand the direction taken by the prices trend and its relevance.
