Another one of the futures exchanges has come with volumes numbers for April, and following on the footsteps of the CME, the InterContinental Exchnage (ICE) is most certainly not bucking the trend engulfing the FX industry. The total average daily volumes (ADV) at the exchange have dropped sharply to merely 17,000 contracts, which is 45% lower than in the month of March and more than 46% lower than last year’s figures.
Meanwhile, the ADV of energy futures traded has remained largely unchanged when compared to last month and about 20% lower than in 2013. Financials which include interest rates contracts, equity derivatives and FX as a group have remained largely unchanged year-on-year, but have dropped about 10% when compared to March.
New CFDs Now Available for SuperForex ClientsGo to article >>
The company will be releasing its first quarter earnings on the 8th of May after it finalizes the acquisition of NYSE Euronext last year. The year-on-year comparison figures include the volumes which have been traded on that exchange.