MGEX reports best July volume since 2010
August 4, 2014
by World Grain staff
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MINNEAPOLIS, MINNESOTA, U.S. — MGEX, a designated contract market (DCM) and derivatives clearing organization (DCO), announced on August 1 a total volume of 141,562 from July, the highest finish for the month since 2010 and a 42% increase over the total volume from July 2013.
Total options during the month were 3,378, a 118% increase over last July and the highest options total for any month since October 2011.
Electronic volume finished the month at 120,268, a 51% increase when compared to July 2013.
Open interest at the end of July was 71,140, a 75% increase over last year. Total calendar year-to-date volume currently stands at 1,287,763, compared to 781,579 at this time last year, marking a 65% increase.