MGEX November volume reaches all-time high

by World Grain Staff
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MINNEAPOLIS, MINNESOTA, U.S. — MGEX announced on Dec. 1 that it set a new record for November volume, closing the month at 195,316 contracts traded and shattering the previous record set in 2010.

This total is an 18% increase over the volume from November 2013, and the 12th-best month in Exchange history. Electronic volume also reached an all-time high for November, totaling 168,518, the 8th-best electronic month ever.

During the month, new records were also set in the areas of annual total volume and annual electronic volume. Total volume during the year has now reached 2,010,123, surpassing the 2-million mark for the first time ever. This figure is 46% higher than it was a year ago.

Electronic volume for the year is now at 1,712,322 with one month remaining. Open interest following Friday’s activity was 66,469.

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