IntercontinentalExchange(R) (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, today reported strong August 2009 futures volume. Average daily volume (ADV) for ICE's futures markets was 1,008,765 contracts, an increase of 34% from August 2008. Year-to-date through August 31, 2009, ADV across ICE's futures exchanges was 1,014,639 contracts, up 13% compared to the same period in 2008. Total futures volume in August 2009 was 21.2 million contracts.
Additional August 2009 Information:
- Through August, ICE's CDS clearing houses have collectively cleared $2.2 trillion in CDS transactions.
- Since its inception in March, ICE Trust(TM) has cleared $1.9 trillion of notional value, resulting in $187 billion of open interest.
- ICE Clear Europe(R) has cleared euro 204.4 billion ($290 billion) of notional value since its July launch, resulting in euro 21.7 billion of open interest.
- In the August 31 issue of FORTUNE, ICE was named to the magazine's "100 Fastest-Growing Companies" list. The ranking is based on three years of revenue and profit growth, as well as total shareholder return. FORTUNE ranked ICE #1 in the Financial Services industry category and #12 overall.
- On August 20, ICE issued a statement regarding the enhanced agreement between the U.S. Commodity Futures Trading Commission (CFTC) and the U.K. Financial Services Authority (FSA) regarding oversight of ICE Futures Europe's U.S.-linked contracts.
- On August 3, Spectron(R) and ICE announced that Spectron has joined the ICE eConfirm(R) Broker Matching Service for OTC transactions. ICE eConfirm is the leading electronic trade confirmation platform in the global OTC energy markets.
- Trading days in August 2009:
- ICE Futures Europe(R): 21
- ICE Futures U.S.(R) (Agricultural and Financial): 21
- ICE Futures Canada(R): 20
- ICE Futures Europe records achieved in August 2009: -- In August, the exchange set an open interest record of 2,857,755 contracts.
- Open interest records were also established for ICE Gasoil futures and U.K. natural gas futures, as well as several emissions and coal futures contracts.
ICE Futures Contracts & Markets Monthly ADV
ADV ADV ADV
Product Line August 2009 August 2008 % Change
------------ ----------- ----------- --------
ICE Brent Crude futures & options 265,708 240,958 10.3
ICE WTI Crude futures & options 189,538 175,991 7.7
ICE Gasoil futures & options 128,052 103,377 23.9
ICE ECX emissions futures &
options (1) 13,495 9,907 36.2
Other futures contracts (2) 10,559 5,821 81.4
TOTAL ICE FUTURES EUROPE 607,352 536,054 13.3
Russell 2000(R) mini futures &
options(3) 131,925 7,424 1677.0
Sugar No. 11 futures & options 189,682 106,151 78.7
Other agricultural commodity
contracts (4) 57,464 81,299 -29.3
Currency futures (5) 4,544 5,879 -22.7
Index futures (6) 7,731 7,301 5.9
Other contracts (7) 204 554 -63.2
TOTAL ICE FUTURES U.S. 391,550 208,608 87.7
TOTAL ICE FUTURES CANADA 9,863 9,312 5.9
------------------------ ----- ----- ---
TOTAL FUTURES CONTRACTS 1,008,765 753,974 33.8%
(1) ICE ECX EUA and ICE ECX CER futures and options contracts are the
result of a cooperative relationship between ICE Futures Europe and the
European Climate Exchange. ICE Futures Europe shares in the transaction
fee revenue derived from these contracts.
(2) "Other futures contracts" include ICE Middle East Sour Crude futures;
ICE Heating Oil futures; ICE Unleaded Gasoline Blendstock (RBOB) futures;
ICE UK Natural Gas futures; ICE UK Electricity futures; and ICE Coal
futures.
(3) The transition of the Russell 2000(R) mini futures and options contracts
to exclusive trading on ICE occurred in September 2008.
(4) "Other agricultural commodity contracts" include futures and/or
options for Cocoa, Coffee "C", Cotton No. 2, Orange Juice, Sugar No. 14
and Sugar No. 16.
(5) "Currency futures" include futures for foreign exchange futures.
(6) "Index futures" include futures for the U.S. Dollar Index(R), Russell
2000 (full size), Russell 1000(R), Russell 1000 mini, the Continuous
Commodity Index, the Euro Index, and the NYSE Composite. The transition of
the Russell Index futures and options contracts to exclusive trading on
ICE occurred in September 2008.
(7) "Other contracts" include options on foreign exchange futures and
options on index futures, excluding Russell 2000 mini options.
ICE Futures Year-to-Date ADV
8-mos 2009 8-mos 2008 Percent Change
---------- ---------- --------------
ICE Futures Europe 632,626 593,649 6.6
ICE Futures U.S. 368,224 291,821 26.2
ICE Futures Canada 13,789 14,076 -2.0
ICE Futures Monthly and Year-to-Date Volume
August 2009 August 2008 Percent Change
----------- ----------- --------------
ICE Futures Europe 12,754,390 11,257,133 13.3
ICE Futures U.S. 8,222,549 4,380,773 87.7
ICE Futures Canada 197,253 186,238 5.9
8-mos 2009 8-mos 2008 Percent Change
---------- ---------- --------------
ICE Futures Europe 106,913,868 102,107,630 4.7
ICE Futures U.S. 61,493,443 49,101,847 25.2
ICE Futures Canada 2,302,737 2,364,728 -2.6
ICE Futures Open Interest
August 31, 2009 December 31, 2008
--------------- -----------------
ICE Futures Europe 2,779,260 2,102,574
ICE Futures U.S. 3,361,443 3,028,877
ICE Futures Canada 120,790 97,673
Rolling Three-Month Average Rate per Contract (RPC)
Three Months Three Months Three Months
Ending Ending Ending
Product Line August 2009 July 2009 June 2009
------------ ------------ ------------ ---------
ICE Futures Europe $1.56 $1.58 $1.61
ICE Futures U.S. Ag $2.10 $2.15 $2.16
ICE Futures U.S. Fin $0.91 $0.86 $0.84
RPC is calculated by dividing transaction revenues by contract volume, and may vary based on pricing, customer and product mix.
Monthly RPC and volumes are estimated using best available current information. Final figures are reported in ICE's quarterly and annual filings with the Securities and Exchange Commission.
Historical futures volume and OTC commission data can be found at:
