ICE registers 15% MoM drop in FX volumes in February 2016

Operator of exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) has earlier today posted its key operating metrics for February 2016, with Forex volumes continuing the slide exhibited in January 2016.

Average daily volumes for FX&Credit exchange-traded contracts amounted to 33,000 contracts, down 15.4% from the result of 39,000 contracts registered in January 2016. The reading for February 2016 was also 15.4% lower than in February 2015.

Total financials held well, with average daily volumes up 2% month on month and up 37% year on year at 2.56 million contracts.

Energy ADV amounted to 2.89 million contracts, down 8.5% from January 2016 and down 4.3% from February 2015. Brent ADV was 988,000 contracts last month, down 19.7% from January 2016 levels and up 2% from February 2015.

Total futures & options ADV was 5.97 million contracts, down 2.8% from January 2016 and up 11.6% from February 2015.

You can view the announcement from ICE by clicking here.

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