MGEX Reports Top Monthly Volume of Past Twelve Months
Date Posted: September 4, 2012
Minneapolis, MN—MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reported Aept. 4 total Exchange volume of 133,960 contracts for August, which represents a 32 percent increase when compared to July.
Of that, total Exchange futures represented 132,900 contracts and total Exchange options represented 1,060 contracts.
Also seeing a slight increase from July is Exchange futures open interest which is at 39,554 as of August 31, 2012.
Electronic futures and options volume of 103,557 places August in the record books as the 19th best electronic volume month.
Apple Juice Concentrate (AJC) futures and options trading commenced on August 13, 2012.
While volume was light for the first three weeks of trading, interest in the AJC contract continues to be strong.
For more information on AJC, please visit www.mgex.com/ajc/. Total fiscal year volume is reported at 1,231,591 contracts. The MGEX fiscal year is defined as September 1 to August 31 of the following year.
Regarding total electronic volume, four of the top 25 months occurred during the 2011-2012 fiscal year.
Complete volume and open interest information is available at www.mgex.com.