October Marks Highest Volume Month in ICE’s History with 209 Million Contracts Traded
05 Novembre 2024 - 3:00PM
Business Wire
Intercontinental Exchange, Inc. (NYSE:ICE), a leading global
provider of technology and data, today announced that October 2024
marked its highest volume month in its history with a record 209
million contracts traded across futures and options.
“The extent of trading activity during October highlights the
depth, breadth and liquidity of the global exchange network we have
built over the last two decades and the unique role that benchmarks
such as Brent and Euribor play in underpinning the management of
risk across markets,” said Trabue Bland, SVP of Futures Markets at
ICE. “Against a backdrop of risk and uncertainty across multiple
fronts geographically, customers are utilizing the combination of
the liquidity and precision of our global benchmarks and related
contracts to manage risk.”
In addition, October marked the highest volume month for
commodity and energy trading at ICE with a record 117 million and
108 million futures and options contracts traded respectively, as
well as the highest volume month ever for interest rate trading at
ICE with 85 million futures and options traded.
ICE’s highest volume month on record prior to this was March
2020.
During October, ICE’s global benchmark Brent, the largest and
most liquid oil market in the world used to price three quarters of
internationally traded crude oil, witnessed its largest volume
month in its history with a record 38.2 million Brent futures and
options traded. While Euribor, the benchmark for managing short
term euro-related interest rate risk, similarly had its highest
volume month ever with a record 50.5 million futures and options
traded.
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune
500 company that designs, builds and operates digital networks that
connect people to opportunity. We provide financial technology and
data services across major asset classes helping our customers
access mission-critical workflow tools that increase transparency
and efficiency. ICE’s futures, equity, and options exchanges
– including the New York Stock Exchange – and clearing
houses help people invest, raise capital and manage risk. We
offer some of the world’s largest markets to trade and clear energy
and environmental products. Our fixed income, data services
and execution capabilities provide information, analytics and
platforms that help our customers streamline processes and
capitalize on opportunities. At ICE Mortgage Technology, we
are transforming U.S. housing finance, from initial consumer
engagement through loan production, closing, registration and the
long-term servicing relationship. Together, ICE transforms,
streamlines and automates industries to connect our customers to
opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.
Information regarding additional trademarks and intellectual
property rights of Intercontinental Exchange, Inc. and/or its
affiliates is located here. Key Information Documents for
certain products covered by the EU Packaged Retail and
Insurance-based Investment Products Regulation can be accessed on
the relevant exchange website under the heading “Key Information
Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 – Statements in this press release regarding
ICE's business that are not historical facts are "forward-looking
statements" that involve risks and uncertainties. For a discussion
of additional risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking
statements, see ICE's Securities and Exchange Commission (SEC)
filings, including, but not limited to, the risk factors in ICE's
Annual Report on Form 10-K for the year ended December 31, 2023, as
filed with the SEC on February 8, 2024.
Category: EXCHANGES
ICE-CORP
Source: Intercontinental Exchange
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version on businesswire.com: https://www.businesswire.com/news/home/20241105363843/en/
ICE Media: Jess Tatham jess.tatham@ice.com +44 7377
947136 ICE Investor: Katia Gonzalez katia.gonzalez@ice.com
(678) 981-3882
Grafico Azioni Intercontinental Exchange (NYSE:ICE)
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