Montréal Exchange sets new record, surpasses one million contracts in open interest on BAX


TMX Group (TSX:X) today announced that Montréal Exchange (MX) achieved a new open interest record on the Three-Month Canadian Bankers’ Acceptance Futures (BAX (1 BAX contract = C$ 1 000,000 dollars)), reaching 1,003,916 contracts on December 13, 2016 and surpassing 1 million contracts for the first time ever.

TMX Group has already announced earlier this month that MX set multiple volume records last month. On November 14, 2016, MX reached a new official non roll daily volume record for the Ten-Year Government of Canada Bond Futures (CGB) with 130,157 contracts traded.

MX also set a new monthly volume record for CGB of 2,901,876 contracts and an overall monthly volume record in November 2016 with 9,398,416 contracts traded.

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Montréal Exchange sets new record, surpasses one million contracts in open interest on BAX

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