SOURCE: ELX Futures, L.P.

ELX Futures, L.P.

May 02, 2011 10:22 ET

ELX Announces Solid April Results With Strong Performances in 5 and 30-Year U.S. Treasury Futures and Record Average Open Interest in Eurodollar Futures

NEW YORK, NY--(Marketwire - May 2, 2011) - ELX Futures, L.P. (ELX), a leading electronic futures exchange, announced today that it continued to add new participants and see solid growth and strong performances in its futures products in the month of April. Highlights include the 30-year bond having its best performing market share month ever, the 5-year note having its best performing market share month of the year in April, and Eurodollar futures setting a record in combined average open interest (OI).

ELX traded 1.6 million contracts during April and had a particularly strong performance in several of its benchmarks. Market share for the month of April in the 5-year note hit 3.7%, its best performance of the year, while market share for the 30-year bond set a record 4.6% for the month of April. Combined average OI in Eurodollar futures established a new record, rising to nearly 326K contracts in the month of April.

Neal Wolkoff, Chief Executive Officer of ELX Futures, said, "In an increasingly competitive market landscape ELX continues to perform well and attract interest from new market participants. Our low fees, superior technology and services, and competitive initiatives to benefit the customer remain the keys to our growth and success."

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.

For real time access:
Via Bloomberg, type ELX < GO >
Via Thomson Reuters on 3000xtra, type ELX/FUTEX1
Via CQG, enter ELX Futures in Search
For BGCantor Market Data products, email:
marketdata@bgcantor.com

Contact Information

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