Intercontinental Exchange Reports May 2021 Statistics

Rhea-AI Summary

Intercontinental Exchange (NYSE: ICE) reported strong trading volumes for May 2021, with total average daily volume (ADV) rising 8% year-over-year. Key highlights include a 12% increase in Brent ADV and a 24% increase in WTI ADV. Notably, environmental products saw a 75% increase in ADV, while total Interest Rate ADV surged 27%, driven by a 130% rise in SONIA ADV. Open interest also rose significantly, with record figures in both TTF futures and SONIA contracts. These metrics reflect robust market activity and increased trading across multiple asset classes.

Positive

• Total ADV increased 8% y/y.
• Record open interest (OI) of 84.7M lots on May 24.
• Brent ADV rose 12% y/y.
• WTI ADV grew 24% y/y.
• TTF gas ADV increased 30% y/y.
• Total Interest Rate ADV up 27% y/y.
• SONIA ADV up 130% y/y, with a record OI of 315k contracts.

Negative

• None.

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today reported May 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.

May highlights include:

• Total average daily volume (ADV) up 8% y/y and total open interest (OI) up 9% y/y including record OI of 84.7M lots on May 24
• Total Oil ADV up 6% y/y
  • Brent ADV up 12% y/y
  • WTI ADV up 24% y/y
  • Gasoil OI up 25% y/y
  • Other crude and refined products ADV up 5% y/y
• TTF gas ADV up 30% y/y; TTF futures OI up 21% y/y including record TTF futures OI of 1.9M lots on May 26
• JKM ADV up 16% y/y; OI up 9% y/y
• Environmentals ADV up 75% y/y; OI up 14% y/y
• Cocoa ADV up 30% y/y
• Coffee ADV up 19% y/y
• Total Interest Rate ADV up 27% y/y; OI up 33% y/y
  • Sterling OI up 58% y/y
  • Euribor ADV up 45% y/y
  • Gilt ADV up 29% y/y; OI up 34% y/y
  • SONIA ADV up 130% y/y; OI up 469% y/y including record OI of 315k contracts on May 24
• FTSE ADV up 6% y/y; OI up 7% y/y
• U.S. Equity Options ADV up 30% 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, 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/20210603005332/en/

FAQ

What were the total average daily volume (ADV) figures for ICE in May 2021?

The total average daily volume (ADV) for May 2021 was up 8% year-over-year.

What is the significance of the record open interest reported by ICE in May 2021?

ICE reported a record open interest of 84.7 million lots on May 24, indicating increased market participation.

How did Brent and WTI ADV perform in May 2021?

Brent ADV increased 12% year-over-year, while WTI ADV rose 24% year-over-year.

What was the performance of Interest Rate ADV for ICE in May 2021?

Total Interest Rate ADV for ICE was up 27% year-over-year.

Did ICE see any record open interest in gas futures in May 2021?

Yes, TTF futures open interest increased 21% year-over-year, reaching a record of 1.9 million lots on May 26.