Intercontinental Exchange Reports September and Third Quarter 2022 Statistics

Rhea-AI Summary

Intercontinental Exchange (NYSE:ICE) reported notable trading volumes for September 2022, showing a 6% year-over-year increase in total average daily volume. Key highlights include a 12% rise in North American natural gas open interest and a 14% increase in Ags & Metals average daily volume. Financials showed a significant 36% rise in average daily volume, with 45% growth in interest rate volumes. The third quarter also reflected a 5% year-over-year increase in total ADV, highlighting the strength of ICE's diverse futures markets amidst current global economic conditions.

Positive

• Total average daily volume (ADV) up 6% year-over-year.
• North American natural gas open interest (OI) up 12% year-over-year.
• Ags & Metals ADV up 14% year-over-year.
• Total Financials ADV increased by 36% year-over-year.
• Euribor ADV grew 137% 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 September 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.

“With investors facing an interest rate climate that societies have not experienced for a generation, and commodities continuing to respond to supply shocks caused by the ongoing war in Ukraine, ICE’s diverse and liquid futures markets continue to play an integral role in helping our customers to hedge and manage their exposure to current events,” said Ben Jackson, President at ICE.

September highlights include:

• Total average daily volume (ADV) up 6% y/y
• Total natural gas OI up 4% y/y
  • North American natural gas OI up 12% y/y
• Total Ags & Metals ADV up 14% y/y
  • Sugar ADV up 12% y/y
  • Cocoa ADV up 31% y/y; OI up 27% y/y
  • Cotton ADV up 7% y/y; OI up 16% y/y
• Total Financials ADV up 36% y/y; OI up 2% y/y
  • Total Interest Rate ADV up 45% y/y; OI up 4% y/y
    • Euribor ADV up 137% y/y; OI up 85% y/y
  • Equity Indices ADV up 8% y/y
    • MSCI ADV up 8% y/y
    • FTSE ADV up 8% y/y
• U.S. Cash Equities ADV up 6% y/y
• Equity options ADV up 6% y/y

Third quarter highlights include:

• Total ADV up 5% y/y
• North American natural gas ADV up 3% y/y
• Total Ags & Metals ADV up 4% y/y
  • Sugar ADV up 4% y/y
  • Cocoa ADV up 15% y/y
  • Cotton ADV up 18% y/y
• Total Financials ADV up 35% y/y
  • Total Interest Rate ADV up 40% y/y
    • Euribor ADV up 120% y/y including record futures ADV of 1.2 million contracts
  • Equity Indices ADV up 12% y/y
    • MSCI ADV up 17% y/y
    • FTSE ADV up 7% y/y
• U.S. Cash Equities ADV up 7% 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

Category: Corporate

ICE-CORP

View source version on businesswire.com: https://www.businesswire.com/news/home/20221005005140/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 were the September 2022 trading volume results for ICE?

Intercontinental Exchange reported a 6% year-over-year increase in total average daily volume for September 2022.

How did the trading volume change for North American natural gas in September 2022?

North American natural gas open interest increased by 12% year-over-year.

What is the growth in Ags & Metals trading volume for ICE?

Ags & Metals average daily volume rose by 14% year-over-year in September 2022.

What was the year-over-year change in total Financials ADV for ICE?

Total Financials average daily volume increased by 36% year-over-year.

How much did the Euribor ADV grow year-over-year for ICE?

Euribor average daily volume grew by 137% year-over-year.