Intercontinental Exchange Reports December, Fourth Quarter and Full Year 2021 Statistics

Rhea-AI Summary

Intercontinental Exchange (ICE) reported a 16% year-over-year increase in Fourth Quarter Futures & Options Average Daily Volume (ADV), with notable performance across energy markets, which rose 17%. The company achieved record annual trading volumes in key sectors such as Brent, Heating Oil, TTF gas, and Global Environmentals.

ICE's President highlighted the significance of their markets for risk management amid volatile conditions in gas and carbon markets. Key metrics included a 43% increase in Interest Rate ADV and a 72% spike in Environmental contracts ADV in December.

Positive

• 16% y/y increase in Fourth Quarter Futures & Options ADV.
• Record annual volume across Brent, Heating Oil, TTF gas, and Global Environmentals.
• 43% increase in Interest Rate ADV in 4Q21.
• 72% spike in Environmental contracts ADV in December.
• Diverse markets aiding in customer risk management.

Negative

• None.

Fourth Quarter Futures & Options ADV +16% y/y including Energy +17% y/y

Record annual volume across Brent, Heating Oil, TTF gas and Global Environmentals

ATLANTA & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today reported December, Fourth Quarter and Full Year 2021 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.

“Throughout 2021, and particularly during the fourth quarter, we saw consistently high volumes as customers navigated volatile gas and carbon markets, as well as interest rate uncertainty,” said Ben Jackson, President of ICE. “In periods such as these, our diverse and liquid futures markets are mission critical for companies to manage their risk, and the resulting impact on end consumers.”

Highlights include:

• Energy average daily volume (ADV) up 7% y/y in December, up 17% in 4Q21 and up 2% in 2021
  • Total Oil ADV up 10% y/y in December, up 23% y/y in 4Q21 and up 3% in 2021
    • Brent open interest (OI) up 5% y/y; ADV up 22% y/y in December, up 29% y/y in 4Q21 and record 2021 ADV up 6% y/y
    • WTI OI up 23% y/y; ADV up 20% y/y in 4Q21 and up 2% in 2021
    • Heating Oil OI up 2% y/y including record OI of 43.5 thousand contracts on 12/2/2021; ADV up 20% y/y in December, up 31% y/y in 4Q21 and record 2021 ADV up 4% y/y
    • Other Crude & Refined products ADV up 4% y/y in December, up 14% y/y in 4Q21 and up 2% in 2021
  • Total Natural Gas OI up 2% y/y; ADV up 4% in 4Q21
    • TTF OI up 16% y/y; ADV up 55% y/y in December, Record 4Q21 ADV up 69% and record 2021 ADV up 45% y/y in 2021
  • Record Environmentals OI of 3.2 million contracts on 12/14/2021; Record December ADV up 72% y/y, Record 4Q21 ADV up 48% y/y and record 2021 ADV up 26% y/y
• Ags & Metals OI up 4% y/y
  • Coffee OI up 22% y/y; ADV up 10% y/y in December and up 10% y/y in 4Q21
  • Cocoa OI up 22% y/y; ADV up 5% y/y in December and up 8% y/y in 4Q21
  • Cotton OI up 17% y/y; ADV up 2% y/y in December, up 16% y/y in 4Q21 and up 5% in 2021
• Total Interest Rate¹ ADV up 43% in 4Q21 and up 13% in 2021
  • Euribor OI up 64% y/y; ADV up 21% y/y in December, up 69% y/y in 4Q21 and up 10% y/y in 2021
  • Net Sterling/SONIA¹ ADV up 21% y/y in 4Q21 and up 16% y/y in 2021
  • Record SONIA OI of 7 million contracts; Record December ADV of 195.1 thousand contracts, Record 4Q21 ADV of 269.2 thousand contracts and record 2021 ADV of 178 thousand contracts
• NYSE equity options ADV up 19% y/y in December, up 33% y/y in 4Q21 and up 40% y/y in 2021

Notes:
¹ Interest rate ADV has been adjusted to reflect a common contract size between Sterling and SONIA for comparison purposes.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE'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, 2020, as filed with the SEC on February 4, 2021.

SOURCE: Intercontinental Exchange

ICE-CORP

View source version on businesswire.com: https://www.businesswire.com/news/home/20220105005416/en/

ICE Investor Relations Contact:

Mary Caroline O’Neal

marycaroline.oneal@ice.com

+1 770 738 2151

investors@ice.com

ICE Media Contact:

Josh King

josh.king@ice.com

+1 212 656 2490

media@ice.com

Source: Intercontinental Exchange

FAQ

What was the Fourth Quarter 2021 performance of ICE in terms of trading volume?

ICE reported a 16% year-over-year increase in Fourth Quarter Futures & Options Average Daily Volume (ADV).

How did the energy markets perform for ICE in Q4 2021?

Energy ADV increased by 17% year-over-year in Q4 2021, with total oil ADV up 23%.

What records did ICE achieve in 2021?

ICE achieved record annual volumes in Brent, Heating Oil, TTF gas, and Global Environmentals.

What was the change in Interest Rate ADV for ICE in Q4 2021?

Interest Rate ADV increased by 43% in Q4 2021 compared to the previous year.

Did ICE experience any significant changes in Environmental contracts ADV?

Yes, Environmental contracts ADV rose by 72% year-over-year in December.