ICE Reports Record March Trading Volumes
- ICE is yet another exchange that has benefitted from the returning volatility so far this year.
Intercontinental Exchange, Inc. (ICE), the parent company of the New York Stock Exchange, has published its trading volumes for March this Friday, as well as the first quarter of 2020, alongside related revenue and statistics.
As Finance Magnates has reported, over the past few days, exchanges, brokerages and trading platforms across the world have reported a solid boost in trading volumes, with some trading providers, such as Integral and Cboe’s spot FX platform achieving the best monthly volumes on record.
ICE appears to be yet another exchange that has benefitted from the returning 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 caused by the coronavirus pandemic so far this year. In particular, it managed to achieve record futures and options average daily volume of 9.4 million lots, which is an increase of 56 percent on a yearly scale.
The exchange also posted record interest rate futures average daily volume, having risen by 20 percent year-on-year. With Sterling average daily volume climbing by 37 percent on a yearly comparison, and Euribor ADV up by 31 percent.
During March, ICE reported record energy daily volumes, coming in at 4.4 million lots. When measuring this against the same period of the previous year, it is higher by 82 percent.
ICE is working on order amid COVID-19
Commenting on the results, Ben Jackson, President of Intercontinental Exchange said in the statement: “In this volatile period, we are grateful to our customers who rely on our dependable, stable and resilient systems amid record activity across every asset class.
“We’re working around the clock to help ensure the orderly functioning of our markets, providing our customers with the critical Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term tools that these markets provide.”
According to ICE’s report, in March, the average daily volume for NYSE cash equities was 3.9 billion shares, which represents a yearly uptick of 96 percent. The average daily volume of NYSE equity options also jumped by 55 percent year-on-year.
Intercontinental Exchange, Inc. (ICE), the parent company of the New York Stock Exchange, has published its trading volumes for March this Friday, as well as the first quarter of 2020, alongside related revenue and statistics.
As Finance Magnates has reported, over the past few days, exchanges, brokerages and trading platforms across the world have reported a solid boost in trading volumes, with some trading providers, such as Integral and Cboe’s spot FX platform achieving the best monthly volumes on record.
ICE appears to be yet another exchange that has benefitted from the returning 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 caused by the coronavirus pandemic so far this year. In particular, it managed to achieve record futures and options average daily volume of 9.4 million lots, which is an increase of 56 percent on a yearly scale.
The exchange also posted record interest rate futures average daily volume, having risen by 20 percent year-on-year. With Sterling average daily volume climbing by 37 percent on a yearly comparison, and Euribor ADV up by 31 percent.
During March, ICE reported record energy daily volumes, coming in at 4.4 million lots. When measuring this against the same period of the previous year, it is higher by 82 percent.
ICE is working on order amid COVID-19
Commenting on the results, Ben Jackson, President of Intercontinental Exchange said in the statement: “In this volatile period, we are grateful to our customers who rely on our dependable, stable and resilient systems amid record activity across every asset class.
“We’re working around the clock to help ensure the orderly functioning of our markets, providing our customers with the critical Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term tools that these markets provide.”
According to ICE’s report, in March, the average daily volume for NYSE cash equities was 3.9 billion shares, which represents a yearly uptick of 96 percent. The average daily volume of NYSE equity options also jumped by 55 percent year-on-year.