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Intercontinental Exchange Inc (NYSE:ICE), an international operator of exchanges and clearing houses, has just published its operating metrics for November 2015.
Unlike the majority of the industry, ICE managed to see a rise in Forex volumes last month compared to October 2015. In annual terms, however, the situation was less rosy and Forex volumes staged a drop.
Average daily volumes for FX&Credit exchange-traded contracts amounted to 35,000 contracts in November 2015, up 6% from the result of 33,000 contracts registered in October 2015. The result for November 2015 was down 16.7% from the one registered in November 2014.
ICE’s November 2015 futures and options average daily volume (ADV) rose 13% compared to November 2014.
Commodity ADV fell 7% due primarily to a 28% year-on-year drop in natural gas ADV.
Financials ADV staged an increase of 55% from the previous November mainly because of European interest rates.
The detailed report from ICE on its November 2015 metrics can be viewed by clicking here.