Average Daily FX Volume Dropped by 4% in January 2015 at Intercontinental Exchange

by Avi Mizrahi
  • ICE's Total FX ADV figure, which includes futures and options for the US Dollar Index and foreign exchange, reached 51,000 contracts for January 2015. This figure is 93% higher than January 2014’s ADV.
Average Daily FX Volume Dropped by 4% in January 2015 at Intercontinental Exchange
rp_Intercontinental_exchange_logo_ice-150x150.jpg

The Intercontinental Exchange (ICE) has just issued a monthly statement to investors outlining the trading volumes at the venue including the FX numbers it registered during the month of January 2015. The FX numbers show a massive jump on a year-on-year basis but just a slight increase month-on-month.

The “Total FX” average daily volume (ADV) figure released by the Intercontinental Exchange, which includes futures and options for the US Dollar Index and foreign exchange, reached 51,000 contracts for January 2015. This figure is 93% higher than January 2014’s ADV and 3.8% lower than December 2014’s ADV of 53,000 contracts.

The report also showed that ICE’s January 2015 ADV declined 7% compared to January 2014. Commodity ADV increased 7% led by Brent, Gasoil and Other Oil up 42%, 9% and 51%, respectively, from the prior January. Financials ADV declined 22% from the previous January.

ADV for NYSE’s US cash Equities increased 19% year-over-year, while US equity options ADV declined 26% over the prior January. NYSE’s US cash equities market share increased three percentage points to 23.9% and NYSE’s US options market share was 18.3%.

rp_Intercontinental_exchange_logo_ice-150x150.jpg

The Intercontinental Exchange (ICE) has just issued a monthly statement to investors outlining the trading volumes at the venue including the FX numbers it registered during the month of January 2015. The FX numbers show a massive jump on a year-on-year basis but just a slight increase month-on-month.

The “Total FX” average daily volume (ADV) figure released by the Intercontinental Exchange, which includes futures and options for the US Dollar Index and foreign exchange, reached 51,000 contracts for January 2015. This figure is 93% higher than January 2014’s ADV and 3.8% lower than December 2014’s ADV of 53,000 contracts.

The report also showed that ICE’s January 2015 ADV declined 7% compared to January 2014. Commodity ADV increased 7% led by Brent, Gasoil and Other Oil up 42%, 9% and 51%, respectively, from the prior January. Financials ADV declined 22% from the previous January.

ADV for NYSE’s US cash Equities increased 19% year-over-year, while US equity options ADV declined 26% over the prior January. NYSE’s US cash equities market share increased three percentage points to 23.9% and NYSE’s US options market share was 18.3%.

About the Author: Avi Mizrahi
Avi Mizrahi
  • 2728 Articles
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About the Author: Avi Mizrahi
  • 2728 Articles
  • 10 Followers

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