Minneapolis – MGEX today announced a new fiscal year futures and options trading record of 2,013,025 contracts, shattering the previous record by more than 328,000 contracts. Futures trading of the MGEX Hard Red Spring Wheat (HRSW) contract also set a new fiscal record of 1,968,967 contracts traded. Both new records unseated the previous records set in FY 2007-2008.
Five of the top 20 total Exchange volume months occurred in FY 2010-2011: November 2010, February 2011, April 2011, June 2011, and August 2011.
Year over year volume strongly increased across all categories. Total fiscal year Exchange volume and total fiscal year futures volume each increased by 30 percent when compared to the previous fiscal year. Fiscal year options volume showed an impressive fiscal year over year increase of more than 52 percent.