MGEX (Exchange) announced November 18 electronic futures and options trading volume of 7,865 contracts, marking the ninth-best electronic trading day in Exchange history and the third top ten electronic trading day and fifth top 20 electronic trading day during November.
Five Top 20 electronic trading days in November 2009:
- November 17 - 6,974
- November 11 - 7,249
- November 19 - 7,865
- November 3 - 10,592
- November 9 - 18,592
The November 9, 2009 volume of 18,592 contracts traded electronically was the highest daily electronic volume in Exchange history. A total of 18,878 contracts traded on November 9, marking the fifth highest total daily volume at the Exchange and the best November trading day on record.
November monthly electronic volume totaled 83,665 after the November 18 session, making November 2009 a top six electronic trading month with more than a week of trading remaining.
"MGEX risk management products continue to be used by market participants across the globe," Mark G. Bagan, President & CEO, MGEX said. "Our flagship Hard Red Spring Wheat contract and Soft Red Winter Wheat Index contract continue to attract new market participants, offering added opportunity for all," Bagan said.
November 18 electronic trading of Hard Red Spring Wheat (HRSW) futures trading totaled 7,842, while the Soft Red Winter Wheat Index (SRWI) trading totaled 22 contracts.