MGEX Boasts Record Year

Joanna Schroeder

mgexMGEX has concluded its best year with new annual highs in both total volume and electronic volume. Total volume finished the year with 2,315,186 contracts traded, surpassing the previous record set in 2014 by six percent.

During the year, MGEX reported five separate months of volume greater than 200,000, doing so for the first time in Exchange history. Of the current top five volume months of all-time, four took place during 2015.

The Exchange also set a new annual electronic volume record, finishing the year with 2,019,186 contracts traded and surpassing the 2,000,000 mark for the first time ever. This total is nine percent higher than the previous record set in 2014.

In addition to setting a pair of annual volume records, MGEX also completed the second-best December in its history on Thursday, reporting a total volume of 164,210 from the month. Open interest following Thursday’s activity was 73,959, three percent higher than a year ago.

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