FX Trading Declines in April at the IntercontinentalExchange

April average daily volumes (ADV) were slightly higher at the IntercontinentalExchange as the Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term registered 3,843,846 contracts. The figures were 0.9% ahead of March’s numbers and 17.5% above the same period last year. The bulk of trading was registered by the exchange’s Oil and Energy product which achieved small month to month gains. Last month’s darling, Equity Index products showed declines with ADV of 119,962 contracts, versus a 154,409 figure in March.

Also falling was activity in FX futures. The unit, dominated by its Dollar Index product saw ADV declining 29.2% to 44,730 contracts. Beyond FX, the ICE continues to see growth taking place with multiple Oil and Energy contracts achieving open and volume record. Today's data comes after the exchange recorded declines in its earnings figures yesterday.