BrokerTec Futures Exchange (BTEX), the only fully-electronic financial futures exchange based in the US, announced today that it set consecutive daily screen- traded volume records on Monday and Tuesday with 25,171 and 27,570 contracts traded, respectively. These are the highest daily screen traded volumes on the exchange since its launch in November last year.
Yesterday’s daily record of 27,570 contracts represents a 50% increase from the earlier record of 18,296 contracts. These important milestones follow a record month in October in which traded volume reached 210,586 contracts, breaking the previous volume record of 200,128 contracts set in June 2002.
“The expansion of our base of end users, along with increased participation from our members, has contributed to this momentum and continues to drive our mission to deliver a low-cost marketplace for financial futures,” says Hank Mlynarski, President of BTEX.
BrokerTec Futures Exchange (BTEX) is a designated contract market approved by the CFTC in June 2001. BTEX offers a low-cost solution for the electronic trading of U.S. fixed income financial futures. BTEX, a subsidiary of BrokerTec Global, is owned and supported by a broad cross section of futures industry participants, including global financial institutions and banks, major securities firms, futures commission merchants (FCMs), as well as a variety of proprietary trading firms and individuals. BTEX commenced trading in U.S. Treasury securities futures contracts on November 30, 2001.