Rofex Continues Breaking Its Own Records

With a total amount of 642,850 open contracts, Rofex surpassed in three days its own Open Interest historical record.

With an important traded volume, Rofex´s Open Interest amounted to 642.850contracts, surpassing its previous record of 619.229 contracts, reached last Tuesday. On Friday’s trading session, an important volume of 158,000 contracts was traded in its Financial and Agricultural divisions.

These figures reflect Rofex´s strong position as the country’s Futures Exchange.

The OI (Open Interest) measures the number of contracts that have not been closed out or delivered at the end of each trading session. A contract is included within the OI until it is offset by an opposite transaction. 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 the market’s importance.