On October 16, Rofex reached a new historical record of Open Interest (OI) in its financial and agricultural divisions. With a volume of 115,865 contracts traded in the session, this index amounted to 1,003,501, representing more than 1,000 million dollars in nominal value.
The OI measures the number of contracts that have not been closed out or delivered at the end of each trading session. Volume and OI are indicators of the intensity of a market’s movement or the pressure on price change, which helps to understand the direction taken by the market’s trend and importance.