ICE Posts March Trading Volumes – FX Remains Strong

Wednesday, 03/04/2013 | 14:06 GMT by Ron Finberg
ICE Posts March Trading Volumes – FX Remains Strong
ice

The 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.

ice

The 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.

About the Author: Ron Finberg
Ron Finberg
  • 1983 Articles
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About the Author: Ron Finberg
Ron Finberg, a specialist in regulatory issues, brings clarity and depth to finance news
  • 1983 Articles
  • 8 Followers

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