Intercontinental Exchange Reports June and Second Quarter 2023 Statistics
“ICE had a strong second quarter and first half as customers utilize our multi-currency platform of global benchmarks across commodities, energy and interest rates to manage their risk exposure,” said Ben Jackson, President at ICE. “The growth this year of ICE’s flagship oil, natural gas, and soft commodity derivative markets, particularly Brent and TTF, show the crucial role these contracts play in reflecting global fundamentals to meet our customers’ hedging needs, underpinned by the strength and liquidity of our commercial customer base.”
June highlights include:
-
Total average daily volume (ADV) up
5% y/y -
Energy ADV up
26% y/y; open interest (OI) up12% y/y, including record OI of 50.4M lots on June 23-
Total Oil ADV up
34% y/y; OI up12% y/y-
Brent ADV up
29% y/y; OI up12% y/y -
Gasoil ADV up
44% y/y; OI up50% y/y -
Other crude and refined products ADV up
36% y/y; OI up10% y/y
-
Brent ADV up
-
Total natural gas ADV up
14% y/y; OI up15% y/y, including record futures OI of 19.8M lots on June 26-
North American gas OI up
13% y/y -
Record TTF gas ADV up
128% y/y; OI up38% y/y, including record options OI of 1.5M lots on June 23
-
North American gas OI up
-
Environmentals ADV up
32% y/y
-
Total Oil ADV up
-
Total Ags & Metals ADV up
32% y/y; OI up19% y/y-
Sugar ADV up
39% y/y; OI up22% y/y -
Record Cocoa ADV up
38% y/y; OI up34% y/y, including record OI of 1.4M lots on June 29 -
Coffee ADV up
20% y/y
-
Sugar ADV up
-
SONIA ADV up
27% y/y -
NYSE Equity Options ADV up
13% y/y
Second quarter highlights include:
-
Total ADV up
4% y/y -
Energy ADV up
16% y/y-
Total Oil ADV up
26% y/y-
Brent ADV up
25% y/y -
Gasoil ADV up
30% y/y -
Other crude and refined products ADV up
33% y/y
-
Brent ADV up
-
Total natural gas ADV up
3% y/y-
Record TTF gas ADV up
91% y/y
-
Record TTF gas ADV up
-
Environmentals ADV up
4% y/y
-
Total Oil ADV up
-
Total Ags & Metals ADV up
27% y/y-
Sugar ADV up
37% y/y -
Record Cocoa ADV up
21% y/y -
Coffee ADV up
11% y/y
-
Sugar ADV up
-
SONIA ADV up
17% 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
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/20230706462450/en/
ICE Investor Relations Contact:
Katia Gonzalez
+1 678 981 3882
katia.gonzalez@ice.com
ICE Media Contact:
Josh King
+1 212 656 2490
josh.king@ice.com
Source: Intercontinental Exchange