Intercontinental Exchange Sees a 43% Surge in Total ADV during October 2021
- The provider reported a rally of 90% on its total interest rate ADV from a yearly perspective.
Intercontinental Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading. An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading. Read this Term, Inc. (NYSE: ICE), a leading global provider of data, released its metrics report for October 2021, noting a surge in the total average daily volume (ADV) for the period. According to the press release, the ADV surged by 43% on a yearly basis, with a total open interest (OI) rallying by 11%, which includes record futures OI of 48.2 million lots on October 26.
Moreover, the provider reported record futures and options OI across global commodities of 50.5 million lots on October 25. Across other markets, total energy ADV was up 27% on a yearly basis, while its OI rose by 7% on a yearly basis. Also, the total oil ADV soared by 36% from a yearly perspective, total natural gas ADV was up 10%, and its OI was positive with 9%.
On another front, the environmental average daily volume had a surge of 34% on a yearly basis, while its OI increased 15% in the same timeframe. About the total interest rate ADV, Intercontinental Exchange reported that it was up 90% on a yearly basis, while its OI surged by 19%. Additionally, US Cash Equity ADV added 4% in a year-to-year perspective, and equity options ADV was up by 44%.
ICE September Metrics
Last month, Finance Magnates reported that the total average daily volume (ADV) for September in Intercontinental Exchange increased 11% on a yearly basis. In addition, its total open interest posted a surge of 9% in a yearly reading.
Furthermore, total energy ADV was up 23% for the period, while its OI soared 8%. By digging into the sectors, total Oil ADV pointed out a rally of 16% in September on a yearly basis, with Brent ADV showing a 25% increase, Gasoil ADV grew by 13%, and other crude and refined products ADV experienced a surge of 20%, all on a yearly basis.
Intercontinental Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading. An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading. Read this Term, Inc. (NYSE: ICE), a leading global provider of data, released its metrics report for October 2021, noting a surge in the total average daily volume (ADV) for the period. According to the press release, the ADV surged by 43% on a yearly basis, with a total open interest (OI) rallying by 11%, which includes record futures OI of 48.2 million lots on October 26.
Moreover, the provider reported record futures and options OI across global commodities of 50.5 million lots on October 25. Across other markets, total energy ADV was up 27% on a yearly basis, while its OI rose by 7% on a yearly basis. Also, the total oil ADV soared by 36% from a yearly perspective, total natural gas ADV was up 10%, and its OI was positive with 9%.
On another front, the environmental average daily volume had a surge of 34% on a yearly basis, while its OI increased 15% in the same timeframe. About the total interest rate ADV, Intercontinental Exchange reported that it was up 90% on a yearly basis, while its OI surged by 19%. Additionally, US Cash Equity ADV added 4% in a year-to-year perspective, and equity options ADV was up by 44%.
ICE September Metrics
Last month, Finance Magnates reported that the total average daily volume (ADV) for September in Intercontinental Exchange increased 11% on a yearly basis. In addition, its total open interest posted a surge of 9% in a yearly reading.
Furthermore, total energy ADV was up 23% for the period, while its OI soared 8%. By digging into the sectors, total Oil ADV pointed out a rally of 16% in September on a yearly basis, with Brent ADV showing a 25% increase, Gasoil ADV grew by 13%, and other crude and refined products ADV experienced a surge of 20%, all on a yearly basis.