IntercontinentalExchange Posts FX Volume Growth in September

The IntercontinentalExchange (ICE) has posted its September volume figures. During the month, total average daily volumes (ADV) of its futures and options products was 3,223,927 contracts, 3% below the same period last year, but 8.5% above August’s figures. Volume gains were seen in its oil, energy, and financials product line, with only the agriculture unit experiencing month over month declines. In FX, ADV there were 36,863 contracts, an 8.1% month over month increase, and 9% above the same period last year. The figures were similar to results posted earlier today from the CME Group, where FX managed to show increased volumes during the month.

Looking ahead, we are awaiting results from leading OTC FX spot venues, EBS, Thomson Reuters, FXall, and Hotspot, which are expected to release their volume figures in the coming days.