The leading operator of global exchanges and clearing houses and provider of data and listings services is celebrating a number of records broken in 2018, which include 2018 gasoil ADV up by 10% year on year and 2018 TTF gas ADV up by 23% YoY.
Ben Jackson, President of Intercontinental Exchange, commented:
“We are pleased to report another record year for ICE volumes in 2018. Fourth quarter volumes were up 20% versus the prior year period, and open interest continues to build increasing 10% versus the fourth quarter of 2017. We saw new records across our commodity and financial markets reflecting how, in times of heightened volatility and uncertainty, market participants turn to our liquid and diverse markets to manage and hedge their risk.”
The report includes the following highlights:
Record 2018 and 4Q18 emissions ADV up 72% y/y and 72% y/y, respectively
Record 2018 WTI ADV up 5% y/y
Record 2018 interest rate ADV up 14% y/y
Record 2018 and 4Q18 Sterling ADV up 9% y/y and 29% y/y, respectively
Record 2018 and 4Q18 Gilt ADV up 27% y/y and 41% y/y, respectively
Record 4Q18 and December MSCI ADV up 56% y/y and 35% y/y, respectively
Record 2018 ags & metals ADV up 14% y/y
4Q18 NYSE cash equities ADV up 45% y/y; December ADV up 59% y/y
4Q18 equity options ADV up 44% y/y; December ADV up 46% y/y
4Q18 CDS gross notional cleared up 63% y/y
Most recently, the company made the news for its U.S.-based credit default swap (CDS) clearing house ICE Clear Credit which has been granted Recognised Clearing House status from the Monetary Authority of Singapore with effect from December 7, 2018.