On 16 December, Euronext’s commodities franchise achieved a record daily volume in milling wheat futures for the second time this month, with 92,531 contracts traded.
Milling wheat futures volume represented over 4.6 million tons on 16 December 2014. The previous record was set on 2 December 2014 with 88,194 contracts or 4.4 million tons traded.
This confirms that Euronext’s milling wheat futures contract has become continental Europe’s most liquid cleared benchmark for agricultural commodities, with current open interest standing at 276,628 contracts or 13.8 million tons.
Olivier Raevel, Head of Commodities at Euronext, says: “We are delighted to see the strength of our commodities business continuing, with the second all-time volume record in less than a month. We'd like to thank our broad client community and look forward to continue building on the strength of our partnership in 2015.”
