ELX Futures Sets Record Average Daily Volume in April

Media Contact: Mary Chung

ELX Futures, L.P.

(212) 294-7734 / mchung@elxfutures.com

 

 

ELX FUTURES SETS RECORD AVERAGE DAILY VOLUME IN APRIL

 

New York, May 3, 2010 – ELX Futures, L.P. (ELX) announced today that record average daily volume (ADV) was set in the month of April at 61K contracts, the highest in the nine full months since launch. It also set a daily volume record on April 27 with 95K contracts traded for the combined five U.S. Treasury futures products as well as trading 70K contracts for six days in April. ELX also announced in April that it will launch its Eurodollar Futures contract on Friday, June 18, 2010.

 

Monthly Highlights:

 

• Record ADV was set in April with 61K contracts, the highest ADV in the nine months since launch.
• ELX set a new daily volume record on April 27 with 95K contracts traded for the combined five U.S. Treasury futures products.
• ELX traded 70K contracts for six days in the month of April.
• Total monthly volume was also set in April with 1.3M contracts.
• Monthly average daily OI in April was the highest ever at 23K contracts.
•  ELX set monthly volume records in the 10 Year Treasury Note with 371K contracts traded and an ADV of 18K contracts.
• A single day volume record was set in the 2 Year Treasury Note with 27K contracts traded on April 27.
• ELX finished the month of April with a 2.8% market share.
• ELX will launch its Eurodollar Futures contract on Friday, June 18, 2010.

Neal Wolkoff, Chief Executive Officer of ELX Futures, said, “I am pleased to see ELX continuing to increase its volume and setting new monthly volume records in April. In addition to attracting new customers, ELX is busy preparing to launch its highly anticipated Eurodollar Futures contract on June 18, which will provide cross margining opportunities and add to our to suite of interest rate futures.”

 

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About ELX Futures

 

ELX Futures, L.P. is a fully electronic alternative exchange founded by leading global financial institutions with the goal of bringing the benefits of enhanced speed, liquidity and cost-efficiency to all market participants. For information and news about ELX, visit www.elxfutures.com or email us at info@elxfutures.com.