IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, reported a new daily volume record in ICE Brent Crude options of 123,094 on May 31 and monthly volume surpassed 1 million contracts for the first time, with 1,090,080 traded in the month of May. The previous daily volume record was 78,508 contracts on May 24. Open interest in ICE Brent Crude options was 1,027,263 as at May 30.
ICE Brent Crude futures and options are listed on ICE Futures Europe and cleared at ICE Clear Europe. In addition to American-style Brent Crude options, ICE also clears European-style Brent Crude cash settled options, which are based on the underlying Brent Bullet, and Brent Crude Average Price Options, which reference the underlying Brent 1st Line Swap.