ICE Sees 43% YoY Rise in Total ADV in October 2021

Intercontinental Exchange, Inc. (ICE), a leading global provider of data, has posted its monthly trading metrics for October 2021, showing a significant jump in the total average daily volume (ADV) on a yearly basis.

According to the press release, the ADV rose by 43 percent compared to the same period last year. More specifically, the provider reported record futures and options open interest (OI) across global commodities of 50.5 million lots on October 25. Across other markets, total energy ADV was up 27 percent on a yearly basis, while its OI jumped by 7 percent on a yearly basis. Also, total oil ADV soared by 36 percent from a yearly perspective, and total natural gas ADV was up 10 percent, and its OI increased by 9 percent.

Moreover, the environmental ADV was up 34 percent on a yearly basis, while its OI rose by 15 percent. In terms of the total interest rate ADV, ICE reported that it soared by 90 percent on a yearly basis, while its OI also jumped by 19 percent. Also, US Cash Equity ADV added 4 percent in a YoY perspective, and equity options ADV soared by 44 percent.

In late October, Fazzaco reported that ICE has posted its financial results for the third quarter of 2021​. In the recent quarter, ICE's net revenues hit $1.8 billion. Adjusted diluted earnings per share (EPS) spiked 34 percent to $1.3 during Q3 2021 compared to the same period last year.