Minneapolis, MN - MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports that August 2020 was the second-best month in history with a total monthly volume of 318,992 contracts.
This past month was also the best August in Exchange history, beating the previous record holder, August 2017, by nearly 7,500 contracts. August 2020 saw a 12% increase in total volume compared to August 2019.
This is the sixth consecutive August (2015-2020) to hold a place in the top-25 record book for best overall month.
Additionally, the calendar year to date total is up 17% compared to this time last year.
Alongside these achievements, total electronic volume came in at 283,863 contracts, making it the second-best month in MGEX history.
At the close of market, open interest finished at 61,662 contracts.
For more information, please contact Jesse Marie Green at 612-321-7122.