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June Iron Ore Update

Total Iron Ore volume in June of 193,202,700 MT 
 

*Highest monthly volume since November 2016

*Options volume was 46,215,000 MT (24% of total volumes)

*Highest quarter on record (540,246,100 MT)

*A total of 970,330,900 MT has traded from Jan-Jun 2019, up 54% vs the same period last year

     -Annualised over 12 months, this is 1.94 billion MT, which will be the highest on record since the contract launched in 2009

*Average open interest for the month was at 181,479,020 MT

Trader's Edge: Using Micro E-mini Equity Futures to Hedge ETF Exposure

Does equity market volatility from trade wars and other geopolitical events have you or your clients worried about risk on ETF holdings? Micro E-mini Equity futures give you four capital-efficient tools to effectively hedge it, as Dave Lerman shows you in a new Trader’s Edge installment. Hear more about:

 

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