- ICE at Record OI of 128 Million Including Record Financials OI of 54 Million
- ICE Interest Rate Complex expands to include Japanese, Scandinavian, South African and Australian Rate Futures
Intercontinental Exchange, Inc. (NYSE:ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced record open interest (OI) across its total futures and options markets including record OI across ICE’s financial derivatives markets.
On May 14, 2026, OI across ICE’s total futures and options reached record OI of 128 million contracts, up 24% year-over-year (y/y). On the same day, ICE’s financial derivatives complex hit record OI of 54 million contracts, up 54% y/y. This includes record OI of over 50 million interest rate futures and options, up 60% y/y, with ICE SONIA futures and options, the benchmark for managing U.K. interest rate risk, reaching record OI of 19.6 million contracts, up 104% y/y.
OI across ICE Euribor futures and options, the benchmark for managing short-term euro-related interest rate risk, is up 37% y/y at 26 million contracts, while OI in ICE €STR reached a record 2.9 million contracts on May 14, 2026, highlighting the growing demand for the combination of Euribor and €STR markets. €STR reflects the wholesale euro unsecured overnight borrowing costs of banks located in the eurozone.
Building on the strong momentum across ICE’s interest rate franchise - the largest and most liquid marketplace to trade U.K., European and Swiss short-term interest rate contracts - ICE has expanded its rates futures offering to provide a broader suite of tools to manage monetary policy exposure, including Japanese Yen TONA, Swedish Krona STIBOR, Norwegian Krone NOWA, and South African Rand ZARONIA.
In addition, ICE plans to launch additional short-term interest rate futures on June 22, 2026, covering Swedish Krona SWESTR and Australian Dollar BBSW, and expand its central bank futures to include Bank of Japan (BOJ) Dated TONA, Riksbank Dated SWESTR and Norges Bank Dated NOWA contracts, subject to regulatory review.
“As market shifts impact inflation expectations, demand for interest rate risk transfer has accelerated. The depth of liquidity we provide to customers as they navigate evolving volatility conditions means that they can trade and hedge their rates portfolio with precision and confidence from one venue,” said Caterina Caramaschi, Vice President of Financial Derivatives at ICE. “We are excited to broaden our rates offering to cover Japanese, Scandinavian, South African and Australian futures, a decision that reflects customer demand for on-exchange, multicurrency rate risk management solutions.”
Average daily volumes across ICE’s financial derivatives and interest rate markets are up 46% and 51% respectively year-to-date.
