Euronextss commodities franchise achieved record daily volumes in milling wheat futures with 88,194 contracts traded and, simultaneously, record daily volumes in milling wheat options with 45,949 contracts traded on 2 December 2014.
On the same day a new total daily volume record for Euronext commodity derivatives was also reached, with 146,222 contracts traded.
Milling wheat futures volume represented over 4.4 million tons on 2 December 2014. The previous record was set on 28 September 2012 with 81,231 contracts / 4.06 million tons traded.
The Euronext milling wheat futures contract has become continental Europe’s most liquid cleared benchmark for agricultural commodities, with current open interest standing at 271,438 contracts / 13.57 million tons.
Milling wheat options volume represented 2.3 million tons on 2 December 2014. The previous record was set on 19 May 2011, with 36,386 / 1.8 million tons traded.
Olivier Raevel, Head of Commodities at Euronext, says: “Following a robust performance this year, we are delighted to see the traction in our commodities business continuing. These new records confirm our strong belief in the strengths of our commodities franchise.”
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