Grain News


MGEX Reports Continued Volume and Open Interest Growth

Date Posted: January 2, 2013

Minneapolis, MN—MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), announced December 2012 and calendar year volume and open interest results.

December 2012 Exchange volume totaled 76,346 futures and options contracts traded which is an 11.9 percent increase from December 2011.

Hard Red Spring Wheat (HRSW) and Apple Juice Concentrate (AJC) futures accounted for 75,458 contracts traded while options accounted for 888 contracts traded.

Open interest was reported at 46,394 which is a 7.9 percent increase over a year ago.

“The last three months have seen double digit volume increases over the same months in 2011,” said Mark G. Bagan, President & CEO, MGEX.

“This positive volume growth positions MGEX for a successful 2013,” stated Bagan.

Total Exchange volume for the calendar year totaled 1,239,741 contracts traded.

There were four months that made the top 25 electronic volume months in 2012: February, April, August and November.

More information on MGEX volume and open interest can be found at www.mgex.com.

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