MGEX reaches third-highest March volume

by World Grain Staff
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MINNEAPOLIS, MINNESOTA, U.S. — MGEX reported on April 1 the third-highest total volume ever during the month of March, closing the month at 145,936 contracts traded.

This is a 14% increase in total volume from March 2015, and the 12th-consecutive month MGEX has recorded a volume greater than 130,000 contracts. Electronic volume from March came in at 123,084 contracts traded, also the third-best total ever for the month.

Calendar year volume now stands at 549,331 contracts after the first quarter, which is 5% higher than at this time a year ago. Open interest following activity on March 31 was 73,620 contracts, 3% higher than a year ago.

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