FX Trading Volumes on Intercontinental Exchange More Than Double
- As the volatility on the foreign exchange market spiked higher in the aftermath of the Federal Reserve announcement, volumes doubled.
The Intercontinental Exchange (ICE) has just published trading volumes for the month of March. Foreign exchange trading volumes have rebounded by almost 113% month-on-month and 168% year-on-year to mark 83,000 contracts daily.
These figures are widely due to the increased activity in the EUR/USD pair, which marked a record trading day around the time the Federal Reserve made its unchanged interest rates announcement. The market has rallied over 400 pips in a single day, with a rollercoaster ride on the next bringing prices to pre-news levels.
Oil trading on the ICE has also increased materially when compared to last year, with oil trading rising 25% to 1,367,000 contracts daily, which is lower than last month by -20%.
Energy contracts also marked a decline when compared to February, coming in at 2,368,000 contracts daily, which is -21% lower than last month and 16% higher year-on-year than in March 2014.
Activity in financials continued sliding due to with interest rates contracts declining -5% on February and -24% when compared to last year. The decline in bond trading is explained by low 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 in the European continental bonds market.
Cash equities average daily volumes on the New York Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term (NYSE) have risen 6%, while options declined 32% when compared to last year. The fully owned subsidiary of Intercontinental Exchange, NYSE held a market share of 24.4% in equities and 17.9% in options.
The Intercontinental Exchange (ICE) has just published trading volumes for the month of March. Foreign exchange trading volumes have rebounded by almost 113% month-on-month and 168% year-on-year to mark 83,000 contracts daily.
These figures are widely due to the increased activity in the EUR/USD pair, which marked a record trading day around the time the Federal Reserve made its unchanged interest rates announcement. The market has rallied over 400 pips in a single day, with a rollercoaster ride on the next bringing prices to pre-news levels.
Oil trading on the ICE has also increased materially when compared to last year, with oil trading rising 25% to 1,367,000 contracts daily, which is lower than last month by -20%.
Energy contracts also marked a decline when compared to February, coming in at 2,368,000 contracts daily, which is -21% lower than last month and 16% higher year-on-year than in March 2014.
Activity in financials continued sliding due to with interest rates contracts declining -5% on February and -24% when compared to last year. The decline in bond trading is explained by low 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 in the European continental bonds market.
Cash equities average daily volumes on the New York Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term (NYSE) have risen 6%, while options declined 32% when compared to last year. The fully owned subsidiary of Intercontinental Exchange, NYSE held a market share of 24.4% in equities and 17.9% in options.