Intercontinental Exchange Reports October 2023 Statistics

Rhea-AI Summary

Intercontinental Exchange, Inc. (NYSE:ICE) has reported its October 2023 trading volume and related revenue statistics. Total average daily volume (ADV) increased by 15% year-over-year (y/y), with open interest (OI) up 3% y/y. Energy ADV saw a significant increase of 37% y/y, with OI up 14% y/y. Total natural gas ADV increased by 30% y/y, with OI up 14% y/y. Ags & Metals OI increased by 16% y/y. Notable records include OI of 51.5M lots on October 25 for Energy, 19.8M lots on October 26 for natural gas futures, and 4.9M lots on October 31 for Ags & Metals.

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

October highlights include:

• Total average daily volume (ADV) up 15% y/y; open interest (OI) up 3% y/y
• Energy ADV up 37% y/y; OI up 14% y/y, including record OI of 51.5M lots on October 25
  • Total Oil ADV up 43% y/y; OI up 26% y/y
    • Brent ADV up 47% y/y; OI up 21% y/y
    • WTI ADV up 82% y/y; OI up 28% y/y
    • Gasoil ADV up 27% y/y; OI up 42% y/y
    • Other crude and refined products ADV up 50% y/y; OI up 28% y/y
  • Total natural gas ADV up 30% y/y; OI up 14% y/y, including record futures OI of 19.8M lots on October 26
    • North American gas ADV up 12% y/y; OI up 11% y/y
    • TTF gas ADV up 141% y/y; OI up 58% y/y
    • Asia gas ADV up 22% y/y; OI up 19% y/y
• Total Ags & Metals OI up 16% y/y, including record OI of 4.9M lots on October 31
  • Sugar OI up 28% y/y
  • Cocoa OI up 49% y/y, including record OI of 1.7M lots on October 27
• SONIA ADV up 11% y/y; OI up 23% 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/20231103946082/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 is the company that reported the trading volume and revenue statistics for October 2023?

The company is Intercontinental Exchange, Inc. (NYSE:ICE).

What was the percentage increase in total average daily volume (ADV) compared to the previous year?

Total ADV increased by 15% year-over-year (y/y).

What was the percentage increase in open interest (OI) compared to the previous year?

OI increased by 3% year-over-year (y/y).

What was the percentage increase in Energy ADV compared to the previous year?

Energy ADV saw a significant increase of 37% year-over-year (y/y).

What was the percentage increase in natural gas ADV compared to the previous year?

Total natural gas ADV increased by 30% year-over-year (y/y).

What was the percentage increase in Ags & Metals open interest (OI) compared to the previous year?

Ags & Metals OI increased by 16% year-over-year (y/y).

What were the notable records achieved in October 2023?

Notable records include OI of 51.5M lots on October 25 for Energy, 19.8M lots on October 26 for natural gas futures, and 4.9M lots on October 31 for Ags & Metals.