SOURCE: ELX Futures, L.P.

ELX Futures, L.P.

February 01, 2011 09:24 ET

ELX Announces Record Volume and Market Share in U.S. Treasuries for the Month of January

NEW YORK, NY--(Marketwire - February 1, 2011) - ELX Futures, L.P. (ELX), a leading electronic futures exchange, announced today that January was a record-setting month for its U.S. Treasury futures contracts. ELX established records in single-day total volume and market share for U.S. Treasuries, with over 100K contracts traded on January 5, 2011 and market share hitting nearly 5% on January 10.

In addition, ELX saw record open interest (OI) in U.S. Treasury futures with average daily OI hitting 56,556 contracts and a single-day record set at 78,603 contracts on January 28. Eurodollar futures contracts continued to perform well with average daily OI rising to 216,593 contracts and a single-day record set at 235,501 on January 27.

ELX also announced in January a new 9-cent one-tier bundled fee schedule for market users trading all U.S. Treasury and Eurodollar futures contracts on ELX, effective February 1, 2011. ELX also reduced minimum block trade levels to 300 contracts from 1,000 contracts for the 5, 10, and 30 year U.S. Treasury futures contracts as well as the Ultrabond.

Neal Wolkoff, Chief Executive Officer of ELX Futures, said, "January was an exciting month for ELX, with several new records established in our U.S. Treasury futures contracts. ELX also announced a new 9-cent single-tier fee schedule as well as a reduction in block thresholds to provide more benefits to market participants. ELX remains committed to driving competition in a consolidated exchange environment and building momentum to achieve new milestones as we attract more customers to our business."

About ELX Futures
ELX Futures, L.P. is a fully electronic exchange founded by leading global financial institutions with the goal of bringing the benefits of cost-efficiency, liquidity, market continuity and enhanced speed to all market participants. For information and news about ELX, visit www.elxfutures.com or email info@elxfutures.com. Clearing services are provided by the Options Clearing Corporation (OCC), AAA rated and the world's largest derivative clearing organization. For information on OCC financial safeguards, visit www.optionsclearing.com/components/docs/about/occ_financial_guarantee.pdf. ELX market data is available through Bloomberg, Thomson Reuters, CQG and BGCantor Market Data.

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Contact Information

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