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IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, reported record daily volume in the ICE Russell 1000 Growth Index futures contract with 4,443 contracts traded on Feb. 15. The previous daily volume record was 2,542 contracts on Aug. 10, 2011. Additionally, ICE Russell 1000 Growth Index futures set an open interest record of 4,373 contracts on Feb. 15. The previous open interest record was 1,573 on May 6, 2010.
The Russell 1000 Growth Index is a widely used benchmark to manage exposure to the growth segment of the U.S. large cap equity market. Russell 1000 Growth Index Futures are the most actively traded of the "style" index futures for the U.S. equity markets.
ICE Futures U.S. is the exclusive trading venue for futures and options on futures based on the family of Russell U.S. equity indexes. Contracts based on the Russell 2000 and 1000 indexes are offered with the contract value calculated at $100 X index value and are available for trading 22 hours a day. More information on ICE's Russell products: https://www.theice.com/russell.jhtml
