ELX Futures, L.P. (ELX), a leading electronic futures exchange, announced today that it has established a new end-of-day (3 p.m. EST) trading record for total market share in its U.S. Treasury futures contracts, with an electronic share at 5% on January 10, 2011.
Today’s milestone of 5% market share in U.S. Treasuries follows last week’s remarkable performance in achieving new market share and volume records to kick off the New Year. Last week, new records were set for U.S. Treasury futures for single day volume, market share (broken by today’s performance), and open interest.
Neal Wolkoff, Chief Executive Officer of ELX Futures, said, “A new week and a new milestone for ELX. We are pleased to have achieved a 5% market share in our U.S. Treasury futures contracts. This is a very important number and we are proud to see all our hard work, dedication and business initiatives pay off. We will continue to compete aggressively to attract more market participants to our exchange and provide the best technology and services to our growing customer base.”