SOURCE: ELX Futures, L.P.

ELX Futures, L.P.

November 02, 2009 10:49 ET

ELX Futures Reports Record Volume for October 2009

NEW YORK, NY--(Marketwire - November 2, 2009) - ELX Futures, L.P. (ELX Futures) announced today record trading volumes in the month of October for its four U.S. Treasury futures products. Since its launch on July 10th, ELX Futures has been gaining volume and market share, and October has turned out to be a breakout month for the new fully regulated electronic exchange.

October Highlights:

--  Total volume exceeded 1mm contracts
--  October ADV exceeded 50K contracts, up 30% from September ADV
--  ELX market share in 2 Year Note futures was over 4% for October and
    over 5% for the second half of month
--  ELX market share in 5 Year Note futures was 5% for October and nearly
    5 1/2% for the second half of the month
--  ELX total market share was 2.8% for October and over 3% for the second
    half of the month
--  For the last 4 trading days of October a new volume record was set
    each day, of these the first three days were over 65K and the final day was
    over 75K
--  All four Treasury products: 2, 5 and 10 Year Notes, and 30 Year Bonds,
    had record volume trading days in October

Neal Wolkoff, Chief Executive Officer of ELX Futures, said, "October has been a remarkable month for ELX. We reported record trading volumes in all our Treasury products and we have made great strides in capturing market share, and attracting new customers. We continue to push forward and build momentum and I am confident that ELX's compelling pricing model and modern rule set will attract more market participants to take a look at our business."

*All data include the low-volume holiday of Columbus Day

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 or email us at

Contact Information

  • Media Contact:
    Mary Chung
    ELX Futures, L.P.
    (212) 294-7734
    Email Contact