ICE Posts March Trading Volumes – FX Remains Strong

The IntercontinentalExchange posted their March trading volumes today. The figures matched trading at the CME which reported yesterday as Equity

iceThe IntercontinentalExchange posted their March trading volumes today. The figures matched trading at the CME which reported yesterday as Equity Index contracts were the outperformer on the overall equity rally taking place. During the month, total average daily volume (ADV) was 3,808,927 contracts, 16.1% increase from the same period in 2012 and 4.6% higher from February. Equity Index trading rose to 154,409 ADV of contracts, 46% higher than February.

In FX, ADV for March was 44,730, 15% above February’s figures and 21.3% above the same period in 2012. As the ICE’s FX division is denominated by Dollar Index trading, the advance in March volumes bodes well for non-Japanese brokers whom have less exposure to Yen trading where declines occur at GMO Click and the TFX.

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