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MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has concluded the month of January with a total volume of 155,833, marking four-straight months of volume greater than 150,000.
Electronic volume totaled 136,235 at month’s end, resulting in the third-highest electronic total ever during the month of January. This month’s news cycle for the Exchange was dominated by a spike in open interest that saw nine-straight days of top 25 figures, including the highest open interest total ever for the Exchange, reaching 82,802 on January 28.
Through the first five months of the fiscal year, total volume is two percent higher than at this time a year ago. Open interest following Friday’s activity was 82,182, thirdhighest in Exchange history and up 18 percent from a year ago.
