ELX Futures, L.P. (ELX), a leading electronic futures exchange, announced today that it continued to add new participants and see solid growth and strong performances in its futures products in the month of April. Highlights include the 30-year bond having its best performing market share month ever, the 5-year note having its best performing market share month of the year in April, and Eurodollar futures setting a record in combined average open interest (OI).
ELX traded 1.6 million contracts during April and had a particularly strong performance in several of its benchmarks. Market share for the month of April in the 5-year note hit 3.7%, its best performance of the year, while market share for the 30-year bond set a record 4.6% for the month of April. Combined average OI in Eurodollar futures established a new record, rising nearly 326K contracts in the month of April.
Neal Wolkoff, Chief Executive Officer of ELX Futures, said, “In an increasingly competitive market landscape ELX continues to perform well and attract interest from new market participants. Our low fees, superior technology and services, and competitive initiatives to benefit the customer remain the keys to our growth and success.”