Electronic US futures and options exchange Eurex US announced that open interest in US Treasury futures at the exchange had surpassed 70,000 contracts for the first time.
November 10’s open interest reached on 70,096 contracts eclipsed the previous record, set on November 3, was 69,154 contracts.
Trading volume on Eurex US also continues to grow. The exchange saw its strongest trading week ever in the last week in October, with 279,454 contracts traded, and a record trading day on October 27 with 79,175 contracts traded.
Open interest represents the number of open positions in a futures or options contract and is regarded as an important indicator of the sustainable future growth of a derivative product.