MGEX Reports Top 20 Electronic Volume Month; Strong Month Over Month Volume Increase

Building on  strong month  over  month  volume  growth, MGEX todayannounced February total  Exchange  volume  increased 25 percent over  January and electronic trading of Hard  Red Spring  Wheat (HRSW) futures and options was the 19th best electronic volume month in MGEX history.

February  total   Exchange  volume   reached  116,875   contracts  traded with   101,344 contracts trading electronically. Futures trading of  the flagship contract, Hard  Red Spring   Wheat  (HRSW),  totaled 114,782  contracts traded in  February, a  26  percent increase over January futures volume.

The month  over  month  volume  growth comes  on the heels of a 36 percent increase inJanuary over December.

MGEX also  today   announced  the  March   26  launch   of   MGEX-CBOT  Wheat  Spread Options. Market  participants will  have  the ability to use these  risk  management tools which  are based  on MGEX HRSW futures and the Chicago  Board  of Trade  (CBOT) soft red  winter wheat  futures. “MGEX  is  pleased  to  partner with  CME Group  in  offering market participants another way  to access our  high  protein Hard  Red Spring  Wheat contract,” Eric Delain, Corporate Council, MGEX said.

For complete volume and open interest information, visite www.mgx.com.