IntercontinentalExchange Reports May Volumes – Trading Declines
- Fresh after announcing that shareholders from both the IntercontinentalExchange and NYSE Euronext approved their pending merger, the ICE reported May volume numbers today with FX and total volumes both declining against April figures
Fresh after announcing that shareholders from both the IntercontinentalExchange and NYSE Euronext approved their pending Merger Merger A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d Read this Term, the ICE reported May volume numbers today. Average daily volumes (ADV) for the month totaled 3,317,512 contracts, which was 5% below the same period last year and 13.7% below April figures. In FX, ADV were 43,279 contracts, a 25% increase above May 2012 levels, but 3.2% below April’s figures. The volumes also compare poorly to the CME which saw volumes increase during May.
The ICE also reported that “following successful testing with Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term members, NYSE Liffe and ICE Clear Europe announced plans for ICE Clear Europe to begin clearing the London-based derivatives market of NYSE Liffe on Monday, July 1, 2013, subject to regulatory approvals.”
Fresh after announcing that shareholders from both the IntercontinentalExchange and NYSE Euronext approved their pending Merger Merger A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d Read this Term, the ICE reported May volume numbers today. Average daily volumes (ADV) for the month totaled 3,317,512 contracts, which was 5% below the same period last year and 13.7% below April figures. In FX, ADV were 43,279 contracts, a 25% increase above May 2012 levels, but 3.2% below April’s figures. The volumes also compare poorly to the CME which saw volumes increase during May.
The ICE also reported that “following successful testing with Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term members, NYSE Liffe and ICE Clear Europe announced plans for ICE Clear Europe to begin clearing the London-based derivatives market of NYSE Liffe on Monday, July 1, 2013, subject to regulatory approvals.”