SOURCE: ELX Futures, L.P.

ELX Futures, L.P.

July 06, 2011 09:31 ET

ELX Announces Strong Second Quarter; Sets Multiple Volume Records; Celebrates Second-Year Anniversary

NEW YORK, NY--(Marketwire - Jul 6, 2011) - ELX Futures, L.P. (ELX), a leading electronic futures exchange, announced today strong second-quarter results and multiple volume records in its U.S. Treasuries and Eurodollar futures contracts. ELX traded 5M contracts in the second quarter and celebrates its second-year anniversary as an electronics futures exchange on July 10.

Highlights:

  • During the second quarter, ELX set single-day volume records in total exchange volume (148K on May 6, 2011), combined US Treasury futures (120K on May 6, 2011), the 5-year note (44K on May 6, 2011), and the 30-year bond (28K on June 9, 2011).
  • The 30-year bond and the 5-year note established quarterly average daily volume (ADV) records of 20.4K and 15.3K respectively
  • The 30-year bond also set a quarterly market share record at 4%.
  • Eurodollars set a single-day open interest (OI) record of 332K contracts on April 25, 2011 as well as a quarterly average OI record of 305K contracts.
  • ELX celebrates its second-year anniversary on July 10.

Neal Wolkoff, Chief Executive Officer of ELX Futures, said, "In the two years since our launch, ELX has proven to be a strong, innovative and resilient competitor in the futures marketplace. This was another impressive quarter for ELX with multiple records set in our U.S. Treasury and Eurodollar futures contracts. There's no doubt that ELX has made an imprint in the futures industry and, as we look ahead, the goal remains to offer our customers superior technology and services and provide them with the best trading experience in the marketplace."

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