MGEX Breaking Records

Cindy Zimmerman Futures, MGEX

MGEX reached its highest open interest total of all-time yesterday, closing the day at 91,935 and surpassing the previous record by more than 1,300. It is the best open interest total in the 135 year history of the Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO).

Each day of the last two weeks has been a top three day, setting records this year that keep getting broken. Open interest is currently 10 percent higher than at this time a year ago. Last month the exchange reached the best daily volume in history, with 27,095 contracts trading on January 12, 2017.

Futures, MGEX