Euronext sees record volume in commodities franchise led by heavy trading in its Milling Wheat contracts

Euronext sees record volume in commodities franchise led by heavy trading in its Milling Wheat contracts

Euronext sees record volume in commodities franchise led by heavy trading in its Milling Wheat contracts

The FINANCIAL -- Euronext on July 6 announced that its commodity derivatives franchise continues to outperform with its most active week ever from 29 June to 3 July with an average daily volume of 125,561  contracts, surpassing the previous record weekly ADV of 117,289 contracts in December 2014.

This record was achieved thanks to the Milling Wheat future contract that totaled 517,597 contracts equivalent to 25.9 million tons of Milling Wheat during the week, according to Euronext.

Further of note, Euronext is pleased to report that Milling Wheat options reached a record 52,186 contracts on July 1, surpassing the previous record of 49,686 on Dec. 18, 2014. This confirms that Euronext’s Milling Wheat contract has become continental Europe’s most liquid cleared benchmark for agricultural commodities.