NEWS RELEASE
Phone: 800.827.4746 Fax: 612.339.1155 Email: marketing@mgex.com
MINNEAPOLIS - MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has concluded its best calendar year of all-time, recording 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.
MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), was established in 1881 and is the only market for Hard Red Spring Wheat (HRSW), Apple Juice Concentrate (AJC), National Corn Index (NCI), National Soybean Index (NSI), Hard Red Winter Wheat Index (HRWI), Hard Red Spring Wheat Index (HRSI) and Soft Red Winter Wheat Index (SRWI) futures and options. Additionally, MGEX now offers calendar spread options (CSOs) for the North American HRSW contract, as of February 1, 2015. To learn more about MGEX visit www.mgex.com.
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MGEX - The Minneapolis Grain Exchange Inc. issued this content on 2016-01-04 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-04 17:47:29 UTC
Original Document: http://www.mgex.com/documents/2015CalendarYearEnd.pdf