MGEX Reports Year Over Year Volume and Open Interest Growth
Date Posted: February 1, 2013
Minneapolis, MN—MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), announced Feb. 1 volume and open interest for January 2013.
Total volume was reported at 96,630, a 3.6 percent increase from January 2012 and a 26.6 percent increase from December 2012.
Hard Red Spring Wheat (HRSW) and Apple Juice Concentrate (AJC) futures accounted for 95,280 contracts traded while options accounted for 1,350 contracts traded.
Total open interest for HRSW and AJC was reported at 48,481 contracts.
This increase is 8.1 percent higher than at the same time a year ago and 4.5 percent higher than a month ago.
Futures contracts accounted for 44,806 while options contracts accounted for 3,675 of the open interest.
The AJC contract had its most successful month since its launch on August 13, 2012.
A total of 51 contracts were traded. Interest in the AJC contract is increasing, especially in the options contract.
More information on MGEX volume and open interest can be found at www.mgex.com.