ICE Reports 17% Increase in Average Daily Futures Volume for July
ATLANTA, Aug. 2, 2012 /PRNewswire/ — IntercontinentalExchange (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, reported volume for July 2012. Average daily volume (ADV) for ICE’s futures markets was 1,529,426 contracts, an increase of 17% from July 2011. Year-to-date through July 31, ADV across ICE’s futures exchanges was 1,582,564 contracts, an increase of 6% compared to the first seven months of 2011. Total futures volume in July 2012 was 32 million contracts, up 23% from July 2011.
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July 2012 Review
- ICE Futures Europe records:
- The exchange set an open interest record of 6,125,609 contracts on July 27, including records in Low Sulphur Gasoil, Coal and Emissions futures and Gasoil, Coal and Brent options contracts.
- ICE Gasoil options set an ADV record of 2,434 contracts.
- Monthly volume and ADV records were established for ICE ECX ERUs of 35,807 and 1,705 contracts, respectively, along with an open interest record of 46,358 contracts on July 27.
- ICE Futures U.S. records:
- Coffee options set an open interest record of 299,461 contracts on July 31.
- Monthly volume and ADV records were established across ICE’s new grains products of 84,774 and 4,037 contracts, respectively.
- ICE’s cleared OTC energy swaps will transition to futures in January 2013 pending regulatory approval.
- ICE Futures U.S. options on futures will trade exclusively on the ICE electronic trading system beginning October 22.
- ICE Clear Credit introduced the Emerging Markets CDS index (CDX.EM) for buyside and dealer clients.
- The U.S. Financial Stability Oversight Council designated ICE Clear Credit a systemically important financial market utility.
- The European Investment Bank (EIB) chose ICE Futures Europe to host auctions in the sale of NER 300 EU allowances.
- ICE’s instant message functionality, previously known as YellowJacket (YJ), is now available via ICE Chat to all WebICE users.
- Through July 27, ICE’s CDS clearing houses have cleared $33 trillion in gross notional value on a cumulative basis across 984,766 transactions. ICE currently lists 342 CDS instruments for clearing.
- ICE Clear Credit has cleared $19 trillion of gross notional value since inception including $1.6 trillion in single name CDS, resulting in open interest of $828 billion. ICE Clear Credit offers clearing for 45 indexes, 132 corporate single names and four Latin American sovereign CDS.
- ICE Clear Europe has cleared EUR10.1 trillion ($13.7 trillion) of gross notional value since inception, including EUR1.4 trillion ($1.9 trillion) in single-name CDS, resulting in EUR563 billion ($692 billion) of open interest. ICE Clear Europe offers clearing for 40 indexes and 121 single-name contracts.
- Trading days in July 2012:
- ICE Futures Europe: 21
- ICE Futures U.S.: 21
- ICE Futures Canada: 21
ICE Futures Contracts & Markets Monthly ADV
-------------------------------------------
Product Line ADV ADV ADV
July July % Change
2012 2011
--- ---- ----
ICE Brent Crude futures &
options 663,006 455,038 45.7
------------------------- ------- ------- ----
ICE Gasoil futures & options 268,012 213,702 25.4
---------------------------- ------- ------- ----
ICE WTI Crude futures &
options 133,064 164,384 -19.1
----------------------- ------- ------- -----
ICE ECX emissions futures &
options 39,768 33,639 18.2
--------------------------- ------ ------ ----
Other futures contracts (1) 50,601 38,064 32.9
-------------------------- ------ ------ ----
TOTAL ICE FUTURES EUROPE 1,154,451 904,827 27.6
------------------------ --------- ------- ----
Index futures & options (2) 114,077 154,469 -26.1
-------------------------- ------- ------- -----
Sugar No. 11 futures & options 133,189 122,559 8.7
------------------------------ ------- ------- ---
Other agricultural commodity
contracts (3) 87,889 75,470 16.5
---------------------------- ------ ------ ----
Currency futures and options
contracts (4) 24,416 34,772 -29.8
---------------------------- ------ ------ -----
TOTAL ICE FUTURES U.S. 359,571 387,270 -7.2
---------------------- ------- ------- ----
TOTAL ICE FUTURES CANADA &
CCFE 15,404 14,008 10.0
-------------------------- ------ ------ ----
TOTAL FUTURES CONTRACTS 1,529,426 1,306,105 17.1
----------------------- --------- --------- ----
(1) "Other futures contracts" include ICE UK Natural Gas futures; ICE Coal futures; ICE Dutch TTF and
German Natural Gas futures; ICE UK Electricity futures; ICE Heating Oil futures; ICE Unleaded Gasoline
Blendstock (RBOB) futures; and Coal and Natural Gas options.
(2) "Index futures & options" includes Russell 2000(R) mini futures and options and futures for the Russell
1000(R) mini, the Continuous Commodity Index, the Euro Index and the NYSE Composite.
(3) "Other agricultural commodity contracts" include futures and/or options for Cocoa, Coffee "C", Cotton
No. 2, Orange Juice, Sugar No. 14, Sugar No. 16, Corn, Wheat and Soybeans.
(4) "Currency futures and options" include futures and options for the U.S. Dollar Index and foreign
exchange.
----------------------------------------------------------------------------------------------------
ICE Futures Year-to-Date ADV
----------------------------
7-mos 2012 7-mos 2011 Percent Change
---------- ---------- --------------
ICE
Futures
Europe 1,135,555 1,056,400 7.5
------- --------- --------- ---
ICE
Futures
U.S. 425,058 424,090 0.2
------- ------- ------- ---
ICE
Futures
Canada
&
CCFE 21,951 18,960 15.8
------- ------ ------ ----
Total
Futures 1,582,564 1,499,450 5.5
------- --------- --------- ---
ICE Futures Monthly and Year-to-Date Volume
-------------------------------------------
July 2012 July 2011 Percent Change
--------- --------- --------------
ICE
Futures
Europe 24,243,479 18,096,536 34.0
-------- ---------- ---------- ----
ICE
Futures
U.S. 7,550,996 7,745,409 -2.5
-------- --------- --------- ----
ICE
Futures
Canada &
CCFE 323,487 280,152 15.5
--------- ------- ------- ----
Total
Futures 32,117,962 26,122,097 23.0
-------- ---------- ---------- ----
7-mos 2012 7-mos 2011 Percent Change
---------- ---------- --------------
ICE
Futures
Europe 165,791,026 153,177,982 8.2
-------- ----------- ----------- ---
ICE
Futures
U.S. 62,058,521 61,493,040 0.9
-------- ---------- ---------- ---
ICE
Futures
Canada &
CCFE 3,226,647 2,749,194 17.4
--------- --------- --------- ----
Total
Futures 231,076,194 217,420,216 6.3
-------- ----------- ----------- ---
ICE Futures Open Interest
-------------------------
July 31, 2012 December 31, 2011
------------- -----------------
ICE Futures
Europe 6,095,612 3,905,986
----------- --------- ---------
ICE Futures
U.S. 2,976,595 2,680,454
----------- --------- ---------
ICE Futures
Canada & CCFE 276,215 170,894
-------------- ------- -------
Rolling Three-Month Average Rate per Contract (RPC)
--------------------------------------------------
Three Months Three Months Three Months
Product
Line Ending Ending Ending
July 2012 June 2012 May 2012
--- --------- --------- --------
ICE
Futures
Europe $1.57 $1.56 $1.55
-------- ----- ----- -----
ICE
Futures
U.S.
Ag $2.54 $2.63 $2.58
-------- ----- ----- -----
ICE
Futures
U.S.
Fin $0.92 $0.88 $0.91
-------- ----- ----- -----
RPC is calculated by dividing transaction revenues by contract volume, and may vary based on pricing, customer and product mix.
Historical futures volume and OTC commission data can be found at:
http://ir.theice.com/supplemental.cfm
About IntercontinentalExchange
IntercontinentalExchange(®) (NYSE: ICE) is a leading operator of regulated futures exchanges and over-the-counter markets for agricultural, credit, currency, emissions, energy and equity index contracts. ICE Futures Europe(®) hosts trade in half of the world’s crude and refined oil futures. ICE Futures U.S.(®) and ICE Futures Canada(®) list agricultural, currencies and Russell Index markets. ICE(®) is also a leading operator of central clearing services for the futures and over-the-counter markets, with five regulated clearing houses across North America and Europe. ICE serves customers in more than 70 countries. www.theice.com
The following are trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies: IntercontinentalExchange, IntercontinentalExchange & Design, ICE, ICE and block design, ICE Futures Canada, ICE Futures Europe, ICE Futures U.S., ICE Clear Europe, ICE Clear Credit, U.S. Dollar Index, European Climate Exchange (ECX) and Chicago Climate Futures Exchange (CCFE). All other trademarks are the property of their respective owners. For more information regarding registered trademarks owned by IntercontinentalExchange, Inc. and/or its affiliated companies, see https://www.theice.com/terms.jhtml
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Statements in this press release regarding IntercontinentalExchange’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE‘s Annual Report on Form 10-K for the year ended December 31, 2011, as filed with the SEC on February 8, 2012 and our Quarterly Report on Form 10-Q for the quarter ended June 30, 2012, as filed with the SEC on August 1, 2012.
SOURCE IntercontinentalExchange
