Total IPE Brent Crude futures volume for 5 September was 54,577 lots which is ahead of the last week's average, and reasonably in line with daily volumes registered in August.
Stephen Gutteridge, Business Development Director said, "we strongly believe that the IPE Brent futures contract is a better product than Nymex Brent. We offer greater transparency, more flexibility, better settlement procedures and the highest regulatory standards. We shall be working closely with our members, customers and ICE in the coming weeks to ensure that we retain our deep pool of liquidity in the Brent market."
