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MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), today announces record Apple Juice Concentrate (AJC) futures volume and reminds market participants of the upcoming AJC webinar.
Today’s AJC volume record of 26 contracts traded comes on the heels of the initial successful delivery process. The Exchange recently updated the AJC delivery manual which can be found at www.mgex.com/ajc/ along with complete AJC contract details.
“Having the first successful deliveries and the top record volume day for AJC occur within a few weeks of each other demonstrates the value of MGEX’s new risk management tool,” stated Mark G. Bagan, President & CEO, MGEX. “We are excited for the upcoming webinar series which will focus on the AJC contract.”
Kevin Barley, Senior Vice President of Morgan Stanley Wealth Management and past chairman of the Juice Products Association Futures Committee will present the webinar, Hedging Basics, Tuesday, January 29 at 2:00 p.m. central time. To register for the webinar please visit www.mgex.com.
