Intercontinental Exchange Reports January 2023 Statistics

Rhea-AI Summary

Intercontinental Exchange (NYSE:ICE) reported a 9% year-over-year increase in total average daily volume (ADV) for January 2023. Key highlights include a 5% rise in energy open interest, with natural gas ADV increasing by 19% and open interest by 14%. Agricultural and metals ADV surged by 23%, while financials ADV rose by 24%, driven by a significant 31% increase in interest rate ADV, particularly a 44% spike in Euribor. Overall, these statistics indicate a robust trading environment, reflecting strong market demand and participant engagement.

Positive

• Total average daily volume (ADV) up 9% y/y.
• Energy open interest (OI) up 5% y/y.
• Natural Gas ADV up 19% y/y; OI up 14% y/y.
• Total Ags & Metals ADV up 23% y/y; OI up 7% y/y.
• Financials ADV up 24% y/y, with Interest Rate ADV up 31% y/y.

Negative

• None.

ATLANTA & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology and market infrastructure, today reported January 2023 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.

January highlights include:

• Total average daily volume (ADV) up 9% y/y
• Energy open interest (OI) up 5% y/y
  • Total Natural Gas ADV up 19% y/y; OI up 14% y/y
    • North American natural gas ADV up 24% y/y; OI up 21% y/y
    • TTF natural gas ADV up 4% y/y
• Total Ags & Metals ADV up 23% y/y; OI up 7% y/y
  • Sugar ADV up 27% y/y; OI up 8% y/y
  • Cocoa ADV up 4% y/y; OI up 12% y/y
  • Coffee ADV up 34% y/y
  • Cotton ADV up 18% y/y; OI up 3% y/y
• Total Financials ADV up 24% y/y
  • Total Interest Rate ADV up 31% y/y
    • Euribor ADV up 44% y/y; OI up 24% y/y
    • SONIA ADV up 18% y/y
• NYSE equity options ADV up 4% y/y

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, 2022, as filed with the SEC on February 2, 2023.

Category: Corporate

SOURCE: Intercontinental Exchange

ICE-CORP

View source version on businesswire.com: https://www.businesswire.com/news/home/20230203005066/en/

ICE Investor Relations Contact:

Katia Gonzalez

+1 678 981 3882

katia.gonzalez@ice.com

investors@ice.com

ICE Media Contact:

Josh King

+1 212 656 2490

josh.king@ice.com

media@ice.com

Source: Intercontinental Exchange

FAQ

What was the January 2023 trading volume for ICE?

Intercontinental Exchange reported a 9% year-over-year increase in total average daily volume (ADV) for January 2023.

How much did natural gas ADV increase in January 2023?

Natural gas ADV increased by 19% year-over-year in January 2023.

What are the key highlights from ICE's January 2023 report?

Key highlights include a 9% increase in total ADV, 5% rise in energy open interest, and a 24% increase in Financials ADV.

What drove the increase in Financials ADV for ICE in January 2023?

The increase in Financials ADV was driven by a significant 31% rise in interest rate ADV, including a 44% increase in Euribor.