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October Marks Highest Volume Month in ICE’s History with 209 Million Contracts Traded

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Intercontinental Exchange (NYSE:ICE) achieved its highest trading volume in history during October 2024, with 209 million contracts traded across futures and options. The month set multiple records, including highest volumes in commodity trading (117 million contracts), energy trading (108 million contracts), and interest rate trading (85 million contracts). Notable achievements include record-breaking volumes in Brent crude oil (38.2 million contracts) and Euribor (50.5 million contracts), surpassing the previous record from March 2020.

Intercontinental Exchange (NYSE:ICE) ha raggiunto il suo volume di scambi più alto nella storia durante ottobre 2024, con 209 milioni di contratti scambiati tra futures e opzioni. Il mese ha fissato numerosi record, inclusi i volumi più alti nel trading di materie prime (117 milioni di contratti), nel trading di energia (108 milioni di contratti) e nel trading di tassi d'interesse (85 milioni di contratti). Tra i risultati notevoli figurano volumi da record nel petrolio greggio Brent (38,2 milioni di contratti) e nell'Euribor (50,5 milioni di contratti), superando il precedente record di marzo 2020.

Intercontinental Exchange (NYSE:ICE) alcanzó su mayor volumen de comercio en la historia durante octubre de 2024, con 209 millones de contratos negociados en futuros y opciones. El mes estableció múltiples récords, incluidos los volúmenes más altos en el comercio de materias primas (117 millones de contratos), el comercio de energía (108 millones de contratos) y el comercio de tasas de interés (85 millones de contratos). Logros notables incluyen volúmenes récord en petróleo crudo Brent (38,2 millones de contratos) y en Euribor (50,5 millones de contratos), superando el récord anterior de marzo de 2020.

인터콘티넨탈 익스체인지 (NYSE:ICE)는 2024년 10월 역사상 가장 높은 거래량을 기록했으며, 2억 9백만 계약이 선물 및 옵션 거래에서 거래되었습니다. 이달은 원자재 거래(1억 1천7백만 계약), 에너지 거래(1억 8백만 계약), 금리 거래(8천5백만 계약) 등 여러 기록을 세웠습니다. 주목할 만한 성과로는 브렌트유에서의 기록적인 거래량 (3천8백2십만 계약)과 유로리보에서의 거래량 (5천5백만 계약)이 있으며, 이는 2020년 3월의 이전 기록을 초과한 수치입니다.

Intercontinental Exchange (NYSE:ICE) a atteint son plus haut volume de transactions de l'histoire en octobre 2024, avec 209 millions de contrats échangés en futures et options. Ce mois a établi de nombreux records, y compris les plus hauts volumes dans le commerce des matières premières (117 millions de contrats), le commerce de l'énergie (108 millions de contrats) et le commerce des taux d'intérêt (85 millions de contrats). Parmi les réalisations notables figurent des volumes record dans le pétrole brut Brent (38,2 millions de contrats) et l'Euribor (50,5 millions de contrats), dépassant le précédent record de mars 2020.

Intercontinental Exchange (NYSE:ICE) erreichte im Oktober 2024 sein höchstes Handelsvolumen in der Geschichte, mit 209 Millionen Kontrakten, die über Futures und Optionen gehandelt wurden. Der Monat stellte mehrere Rekorde auf, darunter die höchsten Volumina im Rohstoffhandel (117 Millionen Kontrakte), im Energiehandel (108 Millionen Kontrakte) und im Handel mit Zinssätzen (85 Millionen Kontrakte). Bemerkenswerte Erfolge sind Rekordvolumina im Brent-Rohöl (38,2 Millionen Kontrakte) und im Euribor (50,5 Millionen Kontrakte), die den vorherigen Rekord aus März 2020 übertrafen.

Positive
  • Record-breaking total trading volume of 209 million contracts
  • All-time high commodity trading volume of 117 million contracts
  • Record energy trading volume of 108 million contracts
  • Highest interest rate trading volume with 85 million contracts
  • Record Brent crude oil trading volume of 38.2 million contracts
  • Record Euribor trading volume of 50.5 million contracts
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  • None.

Insights

The record-breaking trading volumes at ICE demonstrate significant market activity and volatility across multiple asset classes. 209 million contracts traded marks a historic high, surpassing even March 2020's pandemic-driven volumes. The exceptional activity in Brent crude (38.2 million contracts) and Euribor (50.5 million contracts) indicates heightened risk management needs amid global uncertainties.

This surge in trading volumes directly benefits ICE's revenue through increased transaction fees. The company's market infrastructure proves particularly valuable during periods of market stress, potentially leading to stronger Q4 2024 financial results. The robust trading in both energy and interest rate products showcases ICE's diversified revenue streams and market-leading position in critical global benchmarks.

The unprecedented trading volumes underscore ICE's strategic positioning in global financial markets. Their dominance in key benchmarks like Brent and Euribor provides a competitive moat that becomes particularly valuable during market uncertainty. The record activity in commodities (117 million contracts) and interest rates (85 million contracts) reflects market participants' need for risk management tools amid geopolitical tensions and monetary policy shifts.

The exchange's infrastructure has demonstrated its resilience by handling record volumes while maintaining market integrity. This operational excellence strengthens ICE's market position and could lead to increased market share in key products.

LONDON & NEW YORK & AMSTERDAM--(BUSINESS WIRE)-- Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that October 2024 marked its highest volume month in its history with a record 209 million contracts traded across futures and options.

“The extent of trading activity during October highlights the depth, breadth and liquidity of the global exchange network we have built over the last two decades and the unique role that benchmarks such as Brent and Euribor play in underpinning the management of risk across markets,” said Trabue Bland, SVP of Futures Markets at ICE. “Against a backdrop of risk and uncertainty across multiple fronts geographically, customers are utilizing the combination of the liquidity and precision of our global benchmarks and related contracts to manage risk.”

In addition, October marked the highest volume month for commodity and energy trading at ICE with a record 117 million and 108 million futures and options contracts traded respectively, as well as the highest volume month ever for interest rate trading at ICE with 85 million futures and options traded.

ICE’s highest volume month on record prior to this was March 2020.

During October, ICE’s global benchmark Brent, the largest and most liquid oil market in the world used to price three quarters of internationally traded crude oil, witnessed its largest volume month in its history with a record 38.2 million Brent futures and options traded. While Euribor, the benchmark for managing short term euro-related interest rate risk, similarly had its highest volume month ever with a record 50.5 million futures and options traded.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges – including the New York Stock Exchange – and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines and automates 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, 2023, as filed with the SEC on February 8, 2024.

Category: EXCHANGES

ICE-CORP

Source: Intercontinental Exchange

ICE Media:

Jess Tatham

jess.tatham@ice.com

+44 7377 947136



ICE Investor:

Katia Gonzalez

katia.gonzalez@ice.com

(678) 981-3882

Source: Intercontinental Exchange

FAQ

What was ICE's total trading volume in October 2024?

ICE reached a record 209 million contracts traded across futures and options in October 2024, marking its highest volume month in history.

How many Brent crude oil contracts were traded on ICE in October 2024?

ICE recorded 38.2 million Brent futures and options contracts traded in October 2024, the largest volume month in its history.

What was ICE's Euribor trading volume in October 2024?

ICE achieved a record 50.5 million Euribor futures and options contracts traded in October 2024.

When was ICE's previous trading volume record set?

ICE's previous highest trading volume record was set in March 2020.

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