Company Website:
http://www.theice.com
LONDON -- (Business Wire)
Intercontinental Exchange (NYSE:ICE), a leading operator of global
exchanges and clearing houses and provider of data and listings
services, today announced that the ICE Three Month Short Sterling
Futures contract achieved two consecutive open interest records of
3,896,252 contracts on 16 March 2018 and 3,867,976 contracts on 15 March
2018. The previous open interest record was 3,801,867 contracts set in
July 2007.
ICE’s interest rate franchise has seen a strong start to 2018 as market
participants turn to ICE’s market to manage their UK and EU interest
rate exposure. At the end of February average daily volume (ADV) across
the ICE Interest Rates complex was 2.7 million contracts, up 37% y/y.
The ICE Euribor contract has also seen strong momentum in 2018 amid
strong Eurozone growth with Euribor futures ADV reaching 1 million
contracts in February, up 37% y/y, and open interest up 49%. In 2017,
volume grew 27% y/y across ICE’s Interest Rates complex.
About Intercontinental Exchange
Intercontinental
Exchange (NYSE: ICE) is a Fortune 500 and Fortune Future 50 company
formed in the year 2000 to modernize markets. ICE serves customers by
operating the exchanges, clearing
houses and information services they rely upon to invest, trade and
manage risk across global financial and commodity markets. A leader in
market data, ICE Data
Services serves the information and connectivity needs across
virtually all asset classes. As the parent company of the New
York Stock Exchange, the company raises more capital than any other
exchange in the world, driving economic growth and transforming markets.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.
Information regarding additional trademarks and intellectual property
rights of Intercontinental Exchange, Inc. and/or its affiliates is
located at http://www.intercontinentalexchange.com/terms-of-use.
Key Information Documents for certain products covered by the EU
Packaged Retail and Insurance-based Investment Products Regulation can
be accessed on the relevant exchange website under the heading “Key
information Documents (KIDS)”.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995 -- Statements in this press release regarding ICE's business
that are not historical facts are "forward-looking statements" that
involve risks and uncertainties. For a discussion of additional risks
and uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see ICE's Securities and
Exchange Commission (SEC) filings, including, but not limited to, the
risk factors in ICE's Annual Report on Form 10-K for the year ended
December 31, 2017, as filed with the SEC on February 7, 2018.
SOURCE: Intercontinental Exchange
ICE-CORP
View source version on businesswire.com: https://www.businesswire.com/news/home/20180319005781/en/
Contacts:
Intercontinental Exchange
Media Contact:
Claire
Miller
claire.miller@theice.com
+44
207 065 7745
or
Investor Contact:
Warren Gardiner
warren.gardiner@theice.com
770-835-0114
Source: Intercontinental Exchange
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