MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), today announced total Exchange volume in May at 89,382 contracts traded. This is the eight month in a row that the Exchange has experienced year over year growth. Open interest was reported at 42,519 contracts. Apple Juice Concentrate (AJC) volume saw 15.7 percent growth from April 2013 with 362 contracts traded. AJC open interest, reported at 320 contracts, saw 58.4 percent growth from April 2013.
All of the AJC volume in May was options contracts. On May 20, the options volume record was broken, with 180 contracts traded. Of total AJC open interest, 33 were futures contracts and 287 were options contracts.
Total Hard Red Spring Wheat (HRSW) volume was reported at 89,020 contracts traded. Of that, 87,563 were futures contracts and 1,457 were options contracts. HRSW open interest was reported at 42,199 contracts: 38,694 futures contracts and 3,505 options contracts.
More information on MGEX volume and open interest can be found at www.mgex.com.