MINNEAPOLIS, MINNESOTA, U.S. — MGEX said on Nov. 3 that it has concluded its second-best October in its history.
The exchange reported a total volume of 169,824 for the month, the highest October total since the record-setting month in 2007 and a 38% increase over last year’s total.
This marks the 10th-straight month that MGEX has reported a volume of more than 140,000, including every month of 2014. This is also the 15th month in a row that MGEX has reported year-over-year volume growth.
A new total electronic volume record was set for October, with 147,516 trades occurring this month.
Total volume for the calendar year is now 1,814,807, a 50% increase from this time a year ago. Open interest concluded the month at 69,467, which is also a 14% increase from 2013.
