Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today reported January 2017 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website in the Monthly Statistics Tracking spreadsheet.
ICE’s January average daily volume (ADV) for futures was 5.6 million contracts, a decrease of 11% compared to January of 2016. ADV was up 15% sequentially from December of 2016.
Commodities ADV decreased 11%. Brent ADV declined against record volume comparison in January 2016, and was partially offset by 6% y/y growth in WTI ADV and 3% increase in North American natural gas ADV.
Financial ADV declined 11% primarily due to lower volatility in equity and interest rate markets compared to the prior January, with European interest rate ADV down 3% y/y and equity indices down 39% y/y, slightly offset by FX and CDS futures ADV up 23% y/y.
NYSE cash equities ADV declined 32% y/y on lower U.S. equity market volatility relative to January 2016.
ICE will report fourth quarter 2016 earnings on Tuesday, February 7, 2017
Intercontinental Exchange (NYSE:ICE) operates the leading network of global futures, equity and equity options exchanges, as well as global clearing and data services across financials and commodity markets. The New York Stock Exchange is the world leader in capital raising, listings and equities trading.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.
SOURCE: Intercontinental Exchange