IntercontinentalExchange (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, today reported futures volume for August 2012. Average daily volume (ADV) for ICE's futures markets was 1,345,080 contracts, a decline of 18% from the prior August. Year-to-date through August 31, ADV across ICE's futures exchanges was 1,550,296 contracts, up 2% compared to the first eight months of 2011. Total futures volume in August 2012 was 30.9 million contracts.
August 2012 Review
- ICE Futures Europe records:
- ICE Heating Oil futures set monthly volume and ADV records of 255,204 and 11,096 contracts, respectively.
- The exchange set an open interest record of 6,409,827 contracts on August 31. Open interest records were established for both ICE Coal Rotterdam and ICE Emissions futures and options contracts. Open interest records were also set across a number of options contracts including: ICE Brent, WTI, Gas Oil and Dutch TTF options contracts.
- ICE Futures U.S. records:
- ICE Cocoa futures set a monthly volume record of 627,854 contracts.
- An open interest record of 305,263 contracts was set in ICE Coffee options on August 9.
- ICE Futures Canada record:
- The exchange set an open interest record of 287,594 contracts on August 29.
- ICE and Cetip in conjunction launched Cetip | Trader, an electronic fixed income trading platform for the Brazilian marketplace.
- Through August 31, ICE's CDS clearing houses have cleared $33.4 trillion in gross notional value on a cumulative basis across 1,012,912 transactions. ICE lists 342 CDS instruments for clearing.
- ICE Clear Credit has cleared $19.4 trillion in gross notional value since inception, including $1.9 trillion in single-name CDS, resulting in open interest of $823 billion. ICE Clear Credit offers clearing for 45 indexes and 132 corporate single-names and four Latin American sovereign CDS.
- ICE Clear Europe has cleared €10.3 trillion ($14.0 trillion) of gross notional value since inception, including €1.4 trillion ($1.9 trillion) in single-name CDS, resulting in €560 billion ($704 billion) of open interest. ICE Clear Europe offers clearing for 40 indexes and 121 corporate single-names.
- Trading days in August 2012:
- ICE Futures Europe: 23
- ICE Futures U.S.: 23
- ICE Futures Canada: 22
|
ICE Futures Contracts & Markets Monthly ADV |
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|
Product Line |
ADV August 2012 |
ADV August 2011 |
ADV % Change |
|
ICE Brent Crude futures & options |
588,143 |
543,516 |
8.2 |
|
ICE Gasoil futures & options |
231,575 |
288,700 |
-19.8 |
|
ICE WTI Crude futures & options |
123,427 |
208,046 |
-40.7 |
|
ICE ECX emissions futures & options |
29,118 |
34,761 |
-16.2 |
|
Other futures contracts (1) |
46,881 |
48,122 |
-2.6 |
|
TOTAL ICE FUTURES EUROPE |
1,019,144 |
1,123,145 |
-9.3 |
|
Index futures & options (2) |
87,434 |
261,986 |
-66.6 |
|
Sugar No. 11 futures & options |
110,489 |
118,353 |
-6.6 |
|
Other agricultural commodity contracts (3) |
93,796 |
90,011 |
4.2 |
|
Currency futures and options contracts (4) |
21,270 |
32,097 |
-33.7 |
|
TOTAL ICE FUTURES U.S. |
312,989 |
502,447 |
-37.7 |
|
TOTAL ICE FUTURES CANADA & CCFE |
12,947 |
15,745 |
-17.8 |
|
TOTAL FUTURES CONTRACTS |
1,345,080 |
1,641,337 |
-18.0 |
|
(1) "Other futures contracts" include ICE UK Natural Gas futures; ICE Coal futures; ICE Dutch TTF and German Natural Gas futures; ICE UK Electricity futures; ICE Heating Oil futures; ICE Unleaded Gasoline Blendstock (RBOB) futures; and Coal and Natural Gas options.
(2) "Index futures & options" includes Russell 2000® mini futures and options and futures for the Russell 1000® mini, the Continuous Commodity Index, the Euro Index and the NYSE Composite.
(3) "Other agricultural commodity contracts" include futures and/or options for Cocoa, Coffee "C", Cotton No. 2, Orange Juice, Sugar No. 14, Sugar No. 16, Corn, Wheat and Soybeans.
(4) "Currency futures and options" include futures and options for the U.S. Dollar Index and foreign exchange. |
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ICE Futures Year-to-Date ADV |
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|
8-mos 2012 |
8-mos 2011 |
Percent Change |
|
|
ICE Futures Europe |
1,119,712 |
1,065,538 |
5.1 |
|
ICE Futures U.S. |
409,806 |
434,817 |
-5.8 |
|
ICE Futures Canada & CCFE |
20,778 |
18,536 |
12.1 |
|
Total Futures |
1,550,296 |
1,518,891 |
2.1 |
|
ICE Futures Monthly and Year-to-Date Volume |
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|
August 2012 |
August 2011 |
Percent Change |
|
|
ICE Futures Europe |
23,440,305 |
25,832,331 |
-9.3 |
|
ICE Futures U.S. |
7,198,749 |
11,556,271 |
-37.7 |
|
ICE Futures Canada & CCFE |
284,826 |
346,791 |
-17.9 |
|
Total Futures |
30,923,880 |
37,735,393 |
-18.1 |
|
8-mos 2012 |
8-mos 2011 |
Percent Change |
|
|
ICE Futures Europe |
189,231,331 |
179,010,313 |
5.7 |
|
ICE Futures U.S. |
69,257,270 |
73,049,311 |
-5.2 |
|
ICE Futures Canada & CCFE |
3,511,473 |
3,095,985 |
13.4 |
|
Total Futures |
262,000,074 |
255,155,609 |
2.7 |
|
ICE Futures Open Interest |
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|
August 31, 2012 |
December 31, 2011 |
|
|
ICE Futures Europe |
6,409,827 |
3,905,986 |
|
ICE Futures U.S. |
3,063,679 |
2,680,454 |
|
ICE Futures Canada & CCFE |
283,098 |
170,894 |
|
Rolling Three-Month Average Rate per Contract (RPC) |
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|
Product Line |
Three Months Ending August 2012 |
Three Months Ending July 2012 |
Three Months Ending June 2012 |
|
ICE Futures Europe |
$1.55 |
$1.57 |
$1.56 |
|
ICE Futures U.S. Ag |
$2.55 |
$2.54 |
$2.63 |
|
ICE Futures U.S. Fin |
$0.96 |
$0.92 |
$0.88 |
RPC is calculated by dividing transaction revenues by contract volume, and may vary based on pricing, customer and product mix.
Historical futures volume and OTC commission data can be found at:
http://ir.theice.com/supplemental.cfm
