Intercontinental Exchange Reports May 2022 Statistics

Rhea-AI Summary

Intercontinental Exchange (NYSE:ICE) reported significant trading performance for May 2022, highlighted by a 6% year-over-year increase in total average daily volume (ADV) and a 5% rise in total open interest (OI). Key metrics showed natural gas ADV up 25%, power ADV up 37%, and a remarkable 42% year-over-year increase in Euribor ADV. Additionally, equity options averaged 38% higher volume, while U.S. cash equities rose by 20% year-over-year. These positive trends reflect ICE's robust market position.

Positive

• Total average daily volume (ADV) increased by 6% year-over-year.
• Total open interest (OI) rose by 5% year-over-year.
• Natural gas ADV surged 25% year-over-year with a 15% rise in OI.
• Power ADV increased by 37% year-over-year.
• Equity options ADV grew by 38% year-over-year.
• U.S. cash equities ADV rose by 20% year-over-year.

Negative

• None.

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

May highlights include:

• Total average daily volume (ADV) up 6% y/y and total open interest (OI) up 5% y/y
• Total Energy OI up 4% y/y
  • Total natural gas ADV up 25% y/y; OI up 15% y/y
    • North American natural gas ADV up 37% y/y; OI up 23% y/y including record futures OI of 17.1M lots on May 25
  • Power ADV up 37% y/y; OI up 5% y/y
• Total Ags & Metals OI up 3% y/y
  • Sugar ADV up 2% y/y
  • Cocoa ADV up 19% y/y; OI up 56% y/y
  • Cotton ADV up 15% y/y; OI up 9% y/y
• Total Financials ADV up 16% y/y; OI up 6% y/y
  • Total Interest Rate ADV up 13% y/y; OI up 7% y/y
    • Euribor ADV up 42% y/y; OI up 46% y/y
  • Equity Indices ADV up 36% y/y
    • MSCI ADV up 55% y/y; OI up 6% y/y
    • FTSE ADV up 17% y/y
• Equity Options ADV up 38% y/y
• U.S Cash Equities ADV up 20% 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/20220603005067/en/

ICE Investor Relations Contact:

Mary Caroline O’Neal

+1 770 738 2151

marycaroline.oneal@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 did Intercontinental Exchange report for May 2022 trading volume and revenue metrics?

Intercontinental Exchange reported a 6% year-over-year increase in total average daily volume (ADV) and a 5% rise in total open interest (OI) for May 2022.

How much did natural gas average daily volume increase in May 2022?

Natural gas average daily volume (ADV) increased by 25% year-over-year in May 2022.

What is the average daily volume increase for U.S. cash equities in May 2022?

U.S. cash equities average daily volume rose by 20% year-over-year in May 2022.

What trends were observed in equity options volume for Intercontinental Exchange in May 2022?

Equity options average daily volume increased by 38% year-over-year in May 2022.

Did Intercontinental Exchange report any changes in financial performance for May 2022?

Yes, Intercontinental Exchange reported a significant increase in trading volumes across various asset classes for May 2022.