Intercontinental Exchange Strikes New Record USD Index Volume

The Intercontinental 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 (NYSE: ICE) has reported a new record daily trading volumes on the US dollar index – the back-to-back records over the past few days reinforces substantial U.S. dollar Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term as the U.S. dollar index (USDX) is near closing above 100 points.

ICE reported record trading volumes of 159,577 contracts on Wednesday, surpassing the previous record by almost 35%. In December 2014, the daily trading volumes on the U.S. dollar index totaled 118,608 contracts.

However, the uptick in volume on March 11, 2015, proved only to be a prelude to the following day, as March 12 volumes came in at a staggering 192,589 contracts for the USDX. This figure of 192,589 represents a jump of 21% from just one day before at 159,577 contracts – open interest currently stands at 155,305 contracts, according to a recent ICE statement.

Following a rapid retracement in USD currency pairs, the USD trend is once again in full swing, leading to a strong performance across the board. At the time of writing, the EUR/USD is navigating just above the 1.0500 handle, as questions of parity once again permeate the market.