ICE Reports Record Futures Volume in 2012 on 10% ADV Growth

Following the CME Group’s volume figures, the IntercontinentalExchange released its December and 2012 full year numbers. For December, the ICE reported average daily volumes (ADV) 2.72 million contracts, a 0.7% increase from the same period in 2011. For 2012, ADV was 3.36 million contracts, a 9.7% increase from 2011 (figures include both Futures and Options contracts). Total 2012 volume was a record for the ICE. Boosting 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 were Energy products led by a 16.5% rise 2012 in Brent products and a 52.7% surge in its Power division.

In FX, December 2012 ADV was 33,146 which was 2.6% higher than 2011, and 32% above November 2012 figures. The rise in month over month trading follows a similar report from the CME. As such, it appears that despite the holiday period, December turned out to be a great month for FX trading. In the next few days we’ll be seeing some of the publically reporting FX spot venues and brokers reporting their figures.

For the ICE, the record 2012 volumes come as the exchange has had a busy end of the year as seen by its $8.2 billion bid to acquire the NYSE Euronext. Looking ahead, if the Merger Merger A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d Read this Term comes to fruition it could lead to a combined ICE/Liffe competing well against the CME Group.