ICE registers 17% MoM drop in FX volumes in January 2016

Intercontinental Exchange Inc (NYSE:ICE), an international operator of exchanges and clearing houses, has just posted its operating metrics for January 2016, and although the company managed to see a decent rise in total futures and options volumes, FX volumes lagged behind in monthly and annual terms.

Average daily volumes for FX&Credit exchange-traded contracts amounted to 39,000 in January 2016, down 17% from the reading of 47,000 contracts reported for December 2015 and down 23.5% from the result of 51,000 reported for January 2015.

Total financials performed well in the first month of the new year, with ADV up 19.7% month-on-month and up 26.2% year-on-year.

Energy ADV was up 33.4% from December 2015 and up 5.2% from January 2015 levels. Commodities ADV rose 38.5% month-on-month and 8.7% year-on-year.

Total futures&options ADV was 6.14 million in January 2016, up 29.9% from December 2015 levels and up 15.2% from January 2015 levels.

You can view the full press release from ICE by clicking here.

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