ICE Announces Metrics For February 2014, Experiences 31% Protraction Year-on-Year

IntercontinentalExchange Group (ICE) has today announced its trading volumes for February 2014, with a significant downturn present when compared with the previous year

Average daily volumes (ADV) for all global derivatives traded at ICE during February stood at 10.7 million contracts, representing a decrease of 9% comparative to the trading activity completed during February 2013.

With 2013 having represented a year of high volumes across the FX industry as a whole, ICE completed last year with 29,110 contracts having been traded at the venue during December as reported by LeapRate, indicating that ICE had bucked the overall industry trend experienced among many market participants during the latter part of last year in which volumes tailed off.

With a 31% downturn in FX volumes compared to those of February 2013, a return to the dynamics experienced during 2012 appears to be emerging.

Aside from FX, commoditity futures and options ADVs increased during February by 8% compared to those of one year previous, and financial futures and options ADVs declined by 20%, which the company attributes to a decline in interest rate volume when compared with that of February 2013.

In February, NYSE’s U.S. cash equities ADV increased 2% and Euronext’s European cash equities ADV increased 12% from the prior February.

The entire metrics for February 2014 can be viewed here.


For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

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