ICE sees 33% MoM rise in Forex volumes in August 2015

Intercontinental Exchange Inc (NYSE:ICE), an international operator of exchanges and clearing houses, earlier today reported its operating metrics for August 2015, with the month showing results in tune with the bulk of the industry, which managed to benefit from the rise in market volatility towards the end of last month.

Average daily volumes for FX&Credit exchange-traded contracts amounted to 57,000 contracts in August 2015, up significant 32.5% from July 2015 ADVs of 43,000 contracts. The result, however, failed to beat the 69,000 in ADVs reported in June 2015.

The Forex & Credit volumes grew steeply when compared with August 2014, as the ADVs registered in July 2015 were massive 133% higher.

ICE’s August 2015 futures and options average daily volume (ADV) rose 11% compared to August 2014.

Commodity ADV increased 23% led by Brent, gasoil, other oil, natural gas and sugar ADV, which registered a rise of 25%, 28%, 35%, 11% and 27% respectively, from August 2014.

Financials ADV dropped 4% from prior August mainly because of low European short-term interest rates. This was, however, partially compensated by a 29% year-on-year rise in equity index futures due to market volatility.

NYSE’s U.S. cash equities and equity options ADV rose 62% and 17%, respectively, over the prior August. NYSE’s U.S. cash equities market share was 24.6% and NYSE’s U.S. options market share was 20.3%.


For the official announcement from ICE, click here.

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