MGEX Reports Top 20 Open Interest Day
Date Posted: January 27, 2014
Minneapolis, MN—MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports that total open interest reached the top 20 daily Exchange open interest records after Friday’s trade date.
Total open interest for Hard Red Spring Wheat (HRSW) and Apple Juice Concentrate (AJC) futures and options was reported at 77,010 open contracts, coming in at number 20 on the daily open interest records.
“MGEX open interest has been on a dramatic rise since last September.” said Mark G. Bagan, President & CEO, MGEX.
“The increase in total open interest of 110 percent since the beginning of September represents growth from both long-time and new market participants.
"Open interest growth benefits all users and position holders by providing additional liquidity.”
More information on MGEX volume and open interest can be found at www.mgex.com.