ICE sees 34.3% MoM jump in FX volumes in December 2015

Intercontinental Exchange Inc (NYSE:ICE), an international operator of exchanges and clearing houses, has managed to end 2015 on a positive note – at least, this is suggested by the robust FX trading numbers that the company has just reported for December 2015.

Average daily volumes for FX&Credit exchange-traded contracts amounted to 47,000 contracts in December 2015, up 34.3% from the result of 35,000 contracts registered in November 2015. On the downside, the reading for December 2015 was 11% lower than the result registered in December 2014.

ICE also posted the metrics for the final quarter of 2015, with ADV for FX&Credit for the period amounting to 38,000 contracts, down 18% from the reading for the final quarter of 2014.

Overall, ICE’s December 2015 futures and options ADV rose 17% from December 2014. For the fourth quarter, ICE’s futures and options ADV increased 8% over the final quarter of 2014.

Commodities ADV rose 8% year-on-year in December 2015, whereas financials ADV surged 30% year-on-year. The rise for the fourth quarter was 2% and 18%, respectively.

You can view the full announcement from ICE by clicking here.

Read Also: