SOURCE: ELX Futures, L.P.

ELX Futures, L.P.

January 05, 2011 17:23 ET

ELX Sets New Volume Record in US Treasury Futures With Over 100,000 Total Contracts Traded

NEW YORK, NY--(Marketwire - January 5, 2011) - ELX Futures, L.P. (ELX), a leading electronic futures exchange, announced today that it has established a new single-day total volume record for U.S. Treasury futures contracts with over 100K contracts traded on January 5, 2011.

The 30-year Treasury bond also set a new record with over 21K contracts traded. ELX's end-of-day electronic market share exceeded 12% in the two-year Treasury futures contract and 5.5% in the 30-year Treasury bond. Overall market share was 4% at the end of the trading day.

These new records follow a solid 2010 year-end performance that showed a 14% jump in average daily volume (ADV) in U.S. Treasury futures contracts year-over-year and several record-breaking milestones in ELX's Eurodollar futures contract, including a 38% increase in ADV per month since its launch in June 2010.

Neal Wolkoff, Chief Executive Officer of ELX Futures, said, "ELX has kicked off the year with new records in our U.S. Treasury futures contracts. After ending 2010 on a high note, ELX has carried the positive momentum into the New Year, and we feel confident that we are on a growth path. It's an exciting time for ELX and this only cements our reputation as a competitive alternative in the futures marketplace and shows the growing commitment from our market participants."

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 www.elxfutures.com or email us at info@elxfutures.com.

Contact Information

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