Intercontinental Exchange Sees Positive Performance in Trading Metrics in May

Atlanta-headquartered futures exchange, Intercontinental Exchange (ICE) recently posted its trading volume and other related revenue statistics for the month of May 2021, showing a steep rise in many financial metrics on a YoY basis.

Key highlights in May 2021:

• Total average daily volume (ADV) up 8% y/y and total open interest (OI) up 9% y/y including record OI of 84.7M lots on May 24

• Total Oil ADV up 6% y/y

· Brent ADV up 12% y/y

· WTI ADV up 24% y/y

· Gasoil OI up 25% y/y

· Other crude and refined products ADV up 5% y/y

• TTF gas ADV up 30% y/y; TTF futures OI up 21% y/y including record TTF futures OI of 1.9M lots on May 26

• JKM ADV up 16% y/y; OI up 9% y/y

• Environmentals ADV up 75% y/y; OI up 14% y/y

• Cocoa ADV up 30% y/y

• Coffee ADV up 19% y/y

• Total Interest Rate ADV up 27% y/y; OI up 33% y/y

· Sterling OI up 58% y/y

· Euribor ADV up 45% y/y

· Gilt ADV up 29% y/y; OI up 34% y/y

· SONIA ADV up 130% y/y; OI up 469% y/y including record OI of 315k contracts on May 24

• FTSE ADV up 6% y/y; OI up 7% y/y

• ​U.S. Equity Options ADV up 30% y/y

As Fazzaco reported earlier, ICE has made a strategic investment in fintech company BondLink​. The Series B investment is designed to accelerate BondLink’s growth and product development, including providing a variety of ICE’s market-leading data sets to municipalities as they prepare to issue bonds.