ICE Experiences Continued Monthly Growth in Trading Volume Across Financial Products for September 2023

Intercontinental Exchange, Inc. (ICE), a leading global provider of data, technology, and market infrastructure, has updated its trading data for September 2023, showing a total volume of overall financial products of 60,371,041 contracts, a decrease of 18.8% compared to 74,312,713 contracts in September 2022 and an increase of 27.7% compared to 47,287,456 contracts in August 2023.

More specifically, the total volume of interest rates for the month came in at 48,315,171 contracts, 17.4% lower than 58,475,922 contracts in the same month of last year and 19.2% higher than 40,537,057 contracts in the prior month. The average daily volume (ADV) of interest rates was 2,300,722 contracts, compared to 2,657,996 contracts in last year's September and 1,762,481 contracts in the previous month.

The total volume of equity indices for the month amounted to 11,382,304 contracts, 20.7% lower than 14,348,274 contracts in September 2022 and 85.1% higher than 6,148,058 contracts in August 2022. ADV of equity indices was 569,115 contracts, down 16.7% YoY (September 2022: 683,251 contracts) and up 112.9% MoM (August 2022: 267,307 contracts).

During the month, the total volume of FX and other financial products reached 673,566 contracts, 54.7% lower than 1,488,517 in the same period of 2022 and 11.8% higher than 602,341 contracts in the prior month. ADV of FX and other financial products was 33,678 contracts, down 52.5% YoY (September 2022: 70,882 contracts) and up 28.6% MoM (August 2022: 26,189 contracts).

Volume of futures and options for September 2023 increased by 7.9% from 134,856,019 contracts in the prior month to 145,465,794 contracts, remained flat on a yearly basis (September 2022: 144,673,282 contracts).