Intercontinental Exchange See FX Volumes Increase in January

Intercontinental Exchange (ICE), a leading provider of marketplace infrastructure, data services and technology solutions, announced that it has posted the trading metrics for January 2021, showing a 50 percent increase in FX volumes compared to January 2020.

According to the official numbers, the exchange reported 1.79 million interest rates contracts,  0.35 million Equity Indices contracts and 40,000 FX and credit contracts per day, leading the overall financial products dropped 27 percent year-on-year after revealing 2.18 million contracts per day compared to 2.97 million in January 2020.

In terms of ICE's total commodities volume, the figure amounts to an average of 3.72 million contracts per day in January 2021, including energy volume average 3.32 million contracts and 404000 agriculture and metals contracts per day. The group's commodities activity was skewed to downside year-on-year when weighed against 4.0 million contracts reported back in January 2020.

The exchange saw its average daily volume (ADV) for futures and options business reached 5.91 million contracts per day, decreasing 16 percent compared to January 2020.

Overall, ICE's aggregated volumes were characterized by mixed results across both the monthly and yearly intervals while volumes were broadly up in January across most business segments.