NYSE parent, Georgia-based Intercontinental Exchange (ICE) has published in November FX operational metrics showcasing a positive set of a number. Across FX and Credit segment, the volumes averaged 30,000 contracts per day which is 15 per cent higher month-on-month from just 26,000 contracts in October 2018. And, compared to November 2017 figures, it is 30 per cent higher from 23,000 contracts in November 2017.
Across segment which also includes interest rates and equity indices reported a gain of 34 per cent year-on-year to reach 2.87 million contracts per day against 2.14 million in November 2017. But compared to October 2018 figures, it is nearly 10 per cent lower.
ICE’s flagship energy contracts also recorded a fresh new high in November as extreme volatility and price fall attracted a large number of retail and speculative investors. In November 2018, the energy volume averaged 3.36 million contracts per day, representing a growth of 12.8 per cent month-on-month from 2.98 million contracts in October 2018. When compared on a yearly basis, the latest figures are 18 per cent higher from 2.85 million contracts per day in November 2017.
During the month, ICE’s reported an average daily volume for futures and options business at 6.62 million which is almost flat with less than a percentage change month-over-month from 6.59 million per day in October 2018. When compared on a yearly basis, the reported figure is 23 per cent higher from 5.38 million contracts per day in November 2017.
The performance of the commodities segment was also upbeat with overall volume amounting to 3.75 million contracts per day in November 2018, up from 9.2 per cent from 4.43 million contracts a month ago and 17.2 per cent higher from 3.32 million contracts reported back in November 2017.