US Dollar Index Volume on Thin 'ICE', down 12.44% in February
- ICE saw volumes up across key segments from last year, yet had month-over-month declines in equity indices and the US Dollar index totals.
The operator of multiple exchanges and business lines under the Intercontinental Exchange Group structure today reported February results across its main exchanges, showing year-over-year improvements, but a decline from January's volumes within some of its product lines showing mixed figures for February (compared to the previous month).
Trading in the US Dollar Index (USDX) at ICE declined to 600,078 contracts in February, lower by 85,288 from the 685,366 reported in January, a MoM drop of 12.44%.
However, the financials segment overall which includes the FX totals, as well as interest rates, equity indices, and other products, saw total volume increase to 53,399,632 or 7.4% higher for that segment, when compared with 49,708,468 reported in January.
Growth over February 2015 volumes
Ice said that its futures daily volume was up 12% when compared year-over-year (YoY) to February 2015. In addition, cash equities volume rose 32% YoY, and interest rates volumes in February grew 38% when compared to the same period last year, along with equity indices volumes climbing up 37% YoY. Finance Magnates reported on the company's two new appointments to its futures and clearing businesses earlier this week.
The company reported 33,562,291 in volume traded across oil related contract within its energy segment, which came in lower from 37,410,555 in January, a 10% decrease or lower by 3,848,264 MoM, despite the extra trading day in February over January and the 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 in oil markets.
Yotal volume across all energy products totaled 57,735,842 and was lower by 3.8% from 60,027,605 from the prior month.
Mixed results Month over Month
Trading in equity indices volumes came in at 8,411,500 for February, lower from 9,140,440 from January, a nearly 8% drop as investor uncertainty of the stock market’s recovery still lingered for much of the month.
However, total volumes across metals and agriculture products rose to 10,389,995 in February from 8,840,031 in the previous month, a month-over-month (MoM) rise of 17.5%.
Total futures and options volumes rose in February by 2.5% to 121,525,469 from 118,576,104 in January. Trading in interest rates rose from 39,823,079 in January to 44,323,737 in February, an 11% increase MoM - as uncertainty over US monetary policy direction coupled with stock market volatility brought in the higher volumes.
The company posted a press release on Monday that it is "considering" a bid for the London Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term (LSE) as Deutsche Börse also posted that it's looking at the LSE for a potential merger, and as per the UK Takeover Rule process.
The operator of multiple exchanges and business lines under the Intercontinental Exchange Group structure today reported February results across its main exchanges, showing year-over-year improvements, but a decline from January's volumes within some of its product lines showing mixed figures for February (compared to the previous month).
Trading in the US Dollar Index (USDX) at ICE declined to 600,078 contracts in February, lower by 85,288 from the 685,366 reported in January, a MoM drop of 12.44%.
However, the financials segment overall which includes the FX totals, as well as interest rates, equity indices, and other products, saw total volume increase to 53,399,632 or 7.4% higher for that segment, when compared with 49,708,468 reported in January.
Growth over February 2015 volumes
Ice said that its futures daily volume was up 12% when compared year-over-year (YoY) to February 2015. In addition, cash equities volume rose 32% YoY, and interest rates volumes in February grew 38% when compared to the same period last year, along with equity indices volumes climbing up 37% YoY. Finance Magnates reported on the company's two new appointments to its futures and clearing businesses earlier this week.
The company reported 33,562,291 in volume traded across oil related contract within its energy segment, which came in lower from 37,410,555 in January, a 10% decrease or lower by 3,848,264 MoM, despite the extra trading day in February over January and the 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 in oil markets.
Yotal volume across all energy products totaled 57,735,842 and was lower by 3.8% from 60,027,605 from the prior month.
Mixed results Month over Month
Trading in equity indices volumes came in at 8,411,500 for February, lower from 9,140,440 from January, a nearly 8% drop as investor uncertainty of the stock market’s recovery still lingered for much of the month.
However, total volumes across metals and agriculture products rose to 10,389,995 in February from 8,840,031 in the previous month, a month-over-month (MoM) rise of 17.5%.
Total futures and options volumes rose in February by 2.5% to 121,525,469 from 118,576,104 in January. Trading in interest rates rose from 39,823,079 in January to 44,323,737 in February, an 11% increase MoM - as uncertainty over US monetary policy direction coupled with stock market volatility brought in the higher volumes.
The company posted a press release on Monday that it is "considering" a bid for the London Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term (LSE) as Deutsche Börse also posted that it's looking at the LSE for a potential merger, and as per the UK Takeover Rule process.