Intercontinental Exchange Reports March and First Quarter 2022 Statistics

Rhea-AI Summary

Intercontinental Exchange (NYSE: ICE) reported significant trading volume increases for March 2022. Total average daily volume (ADV) rose by 9% year-over-year, while total open interest (OI) increased by 5% year-over-year. Key highlights included a 50% surge in total natural gas ADV and a remarkable 69% jump in Euribor ADV. The geopolitical climate, especially the war in Ukraine, influenced market activities, driving demand for risk management tools. ICE’s performance in energy, financials, and agricultural sectors demonstrated robust growth amid inflationary pressures.

Positive

• Total ADV up 9% y/y
• Total Energy ADV up 6% y/y
• Natural gas ADV increased by 50% y/y; OI up 13% y/y
• Euribor ADV surged 69% y/y; OI increased by 64% y/y
• Record SONIA OI of 8.7M lots on March 9

Negative

• None.

First Quarter ADV up 9% y/y; OI up 5% y/y

ATLANTA & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today reported March 2022 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.

“In the first quarter of 2022, the war in Ukraine brought both geopolitical risk and supply uncertainty across commodity markets as inflationary pressure underpinned activity in interest rate markets,” said Ben Jackson, President of ICE. “Our benchmark futures contracts help to price commodities that millions of people rely on, providing our customers with the risk management tools they need in the midst of a crisis.”

March highlights include:

• Total average daily volume (ADV) up 9% y/y and total open interest (OI) up 5% y/y
• Total Energy ADV up 4% y/y; OI up 4% y/y
  • Brent ADV up 4% y/y
  • Total natural gas ADV up 50% y/y; OI up 13% y/y
    • North American natural gas ADV up 46% y/y; OI up 17% y/y including record futures OI of 16.4M lots on March 25
    • TTF natural gas ADV up 81% y/y
  • Environmentals ADV up 23% y/y
  • Power ADV up 48% y/y; OI up 6% y/y
• Total Ags & Metals ADV up 8% y/y
  • Sugar ADV up 14% y/y
  • Cocoa ADV up 20% y/y; OI up 45% y/y
  • Cotton ADV up 5% y/y; OI up 5% y/y
• Total Financials ADV up 15% y/y; OI up 8% y/y
  • Total Interest Rate ADV up 17% y/y; OI up 12% y/y
    • Euribor ADV up 57% y/y; OI up 64% y/y
    • Record SONIA OI of 8.7M lots on March 9
  • Equity Indices ADV up 11% y/y
    • FTSE ADV up 10% y/y
    • MSCI ADV up 9% y/y

First quarter highlights include:

• Total ADV up 9% y/y
• Total Energy ADV up 6% y/y
  • Brent ADV up 8% y/y
  • Total natural gas ADV up 26% y/y
    • North American natural gas ADV up 23% y/y
    • Record TTF natural gas ADV up 49% y/y
  • Environmentals ADV up 10% y/y
  • Power ADV up 25% y/y
• Cocoa ADV up 26% y/y
• Total Interest Rate ADV up 18% y/y
  • Euribor ADV up 69% y/y
  • Record SONIA ADV of 425k contracts
• Equity Indices ADV up 9% y/y
  • MSCI ADV up 10% y/y

Note:

Total futures and options and total interest rate ADV and OI have been adjusted to reflect a common contract size between SONIA and legacy Sterling 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, 2021, as filed with the SEC on February 3, 2022.

SOURCE: Intercontinental Exchange

ICE-CORP

View source version on businesswire.com: https://www.businesswire.com/news/home/20220405005141/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 were Intercontinental Exchange's trading volume figures for March 2022?

In March 2022, Intercontinental Exchange reported a total average daily volume (ADV) increase of 9% year-over-year.

How did geopolitical events affect ICE's market performance?

The war in Ukraine influenced volatility and increased demand for risk management tools in commodity markets during the first quarter.

What sectors showed growth for ICE in Q1 2022?

ICE saw growth in several sectors, including Energy, Financials, and Agriculture, with notable increases in natural gas and interest rate ADV.

What was the percentage increase in natural gas ADV for ICE in March 2022?

Natural gas ADV increased by 50% year-over-year in March 2022.

What record did SONIA achieve on March 9, 2022?

SONIA achieved a record open interest of 8.7 million lots on March 9, 2022.