ICE’s December Metrics Reveal Growth in FX and Commodities Volumes

FX and credit volumes averaged 53,000 contracts per day, up 12.8 percent from just 47,000 contracts a year ago.

Intercontinental Exchange (NYSE:ICE), a global network of exchanges and clearing houses, has reported its December 2016 volumes, which saw positive flows across various segments, including forex and commodities derivatives, according to an ICE statement.

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For the month ending December 2016, ICE saw its energy volume average 2.533 million contracts per day, which represents a jump of 6.9% YoY compared with 2.368 million contracts in December 2015. Across a monthly interval however, the latest figure reported a -15.5 percent drop from 2.999 contracts per day in November 2016.

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In terms of ICE’s total commodities volume, the figure was also upbeat in its overall performance, managing to average 2.833 million contracts per day in December 2016, which was good for a YoY advance of 8.2% vs. 2.618 million in the same period of last year.

Meanwhile, ICE has also notched growth across its foreign exchange (FX) and credit volumes, which averaged 53,000 contracts per day, up 12.8 percent from just 47,000 contracts a year ago, and also registered a 15.2 percent increase over November 2016.

However, the total financials, which also include interest rates and equity indices, orchestrated a decline of -8.5 percent YoY after revealing only 2.057 million contracts per day from 2.249 million in December 2015.


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