ELX Futures Reports Record Volume for October 2009

* Reuters is not responsible for the content in this press release.

Mon Nov 2, 2009 10:50am EST

  NEW YORK, NY, Nov 02 (MARKET WIRE) -- 
ELX Futures, L.P. (ELX Futures) announced today record trading volumes in
the month of October for its four U.S. Treasury futures products. Since
its launch on July 10th, ELX Futures has been gaining volume and market
share, and October has turned out to be a breakout month for the new
fully regulated electronic exchange.

    October Highlights:


--  Total volume exceeded 1mm contracts
--  October ADV exceeded 50K contracts, up 30% from September ADV
--  ELX market share in 2 Year Note futures was over 4% for October and
    over 5% for the second half of month
--  ELX market share in 5 Year Note futures was 5% for October and nearly
    5 1/2% for the second half of the month
--  ELX total market share was 2.8% for October and over 3% for the second
    half of the month
--  For the last 4 trading days of October a new volume record was set
    each day, of these the first three days were over 65K and the final day was
    over 75K
--  All four Treasury products: 2, 5 and 10 Year Notes, and 30 Year Bonds,
    had record volume trading days in October
    

    
Neal Wolkoff, Chief Executive Officer of ELX Futures, said, "October
has been a remarkable month for ELX. We reported record trading volumes
in all our Treasury products and we have made great strides in capturing
market share, and attracting new customers. We continue to push forward
and build momentum and I am confident that ELX's compelling pricing model
and modern rule set will attract more market participants to take a look
at our business."

    *All data include the low-volume holiday of Columbus Day

    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.

    

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

Copyright 2009, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.