FX Volumes Drop 30pct at Intercontinental Exchange in October 2020
- The overall financial products, which also include interest rates and equity indices, also dropped 18 percent year-on-year
Atlanta-headquartered futures exchange, Intercontinental Exchange, which also operates clearing houses and serves OTC markets, on Wednesday disclosed weak metrics across its FX and credit volumes for October, which averaged 35,000 contracts per day.
The figure reflected a 30 percent drop month-over-month from 50,000 contracts in September 2020. However, the exchange operator registered a stronger advance in volumes when compared to the number of contracts in October 2019, having jumped by over one-third year-on-year from 27,000.
The overall financial products, which also include interest rates and equity indices, dropped 18 percent year-on-year after revealing 1.85 million contracts per day compared to 2.27 million in October 2019. In addition, the figure also dropped by -34 percent over a monthly basis.
Turnover from ICE’s flagship energy contracts dropped further off record highs in October, according to data released today, as the 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 eased.
For the month ending October 2020, the owner of 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 saw its energy volume average 2.69 million contracts per day, which represents a fall of -2 percent month-on-month compared with 2.83 million contracts in September 2020. Across a yearly interval, the latest figures showed a 5 percent drop from 2.74 million contracts per day in October 2019.
Rivals Data Shows Strength in Volumes
Overall, ICE’s aggregated volumes were characterized by mixed results across both the monthly and yearly intervals, while volumes were broadly flat in October across most business segments.
During the reported month, ICE’s October average daily volume (ADV) for futures and options business was reported at 4.91 million contracts per day, which corresponded to a change of -19 percent month-over-month from 2.8 million per day in September 2020. In addition, this latest figure marks a 9 percent drop over October 2019 which came at 5.39 million contracts per day.
In terms of ICE’s total commodities volume, the figure was downbeat in its overall performance, amounting to average 3.06 million contracts per day in October 2020, down 7 percent vs. 3.2 million the month prior. The group’s commodities activity was slightly skewed to downside year-on-year when weighed against 3.11 million contracts reported back in October 2019.
Atlanta-headquartered futures exchange, Intercontinental Exchange, which also operates clearing houses and serves OTC markets, on Wednesday disclosed weak metrics across its FX and credit volumes for October, which averaged 35,000 contracts per day.
The figure reflected a 30 percent drop month-over-month from 50,000 contracts in September 2020. However, the exchange operator registered a stronger advance in volumes when compared to the number of contracts in October 2019, having jumped by over one-third year-on-year from 27,000.
The overall financial products, which also include interest rates and equity indices, dropped 18 percent year-on-year after revealing 1.85 million contracts per day compared to 2.27 million in October 2019. In addition, the figure also dropped by -34 percent over a monthly basis.
Turnover from ICE’s flagship energy contracts dropped further off record highs in October, according to data released today, as the 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 eased.
For the month ending October 2020, the owner of 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 saw its energy volume average 2.69 million contracts per day, which represents a fall of -2 percent month-on-month compared with 2.83 million contracts in September 2020. Across a yearly interval, the latest figures showed a 5 percent drop from 2.74 million contracts per day in October 2019.
Rivals Data Shows Strength in Volumes
Overall, ICE’s aggregated volumes were characterized by mixed results across both the monthly and yearly intervals, while volumes were broadly flat in October across most business segments.
During the reported month, ICE’s October average daily volume (ADV) for futures and options business was reported at 4.91 million contracts per day, which corresponded to a change of -19 percent month-over-month from 2.8 million per day in September 2020. In addition, this latest figure marks a 9 percent drop over October 2019 which came at 5.39 million contracts per day.
In terms of ICE’s total commodities volume, the figure was downbeat in its overall performance, amounting to average 3.06 million contracts per day in October 2020, down 7 percent vs. 3.2 million the month prior. The group’s commodities activity was slightly skewed to downside year-on-year when weighed against 3.11 million contracts reported back in October 2019.