Intercontinental Exchange Reports ICE and NYSE Volume for April 2015; Energy Daily Volume up 10%, Ags up 17% over Prior April

ATLANTA--()--Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today reported April exchange traded volume.

ICE’s April 2015 futures and options average daily volume (ADV) declined 11% compared to April 2014.

  • Commodity ADV increased 11% led by Brent, Other Oil and Sugar contracts up 21%, 37%, and 30% respectively, from the prior April.
  • Financials ADV declined 28% from the previous April primarily due to continued low volatility in Continental European short-term interest rate and single stock equity contracts.

ADV for NYSE’s U.S. cash equities increased 3%, while U.S. equity options ADV declined 30% from the prior April. NYSE’s U.S. cash equities market share was 23.8% and NYSE’s U.S. options market share was 18.4%.

 

ICE Futures & Options ADV (contracts in 000s)

      ADV April 2015     ADV April 2014     Change y/y
COMMODITIES                  
Energy                  
Brent     747     616     21%
Gasoil     204     198     3%
Other Oil (1)     341     249     37%
TOTAL OIL     1,292     1,064     21%
Natural Gas (2)     696     704     -1%
Power (3)     116     128     -9%
Emissions & Other (4)     28     40     -30%
TOTAL ENERGY     2,131     1,936     10%
Agricultural                  
Sugar (5)     213     163     30%
Other Ags & Metals (6)     199     190     5%
TOTAL AGRICULTURAL & METALS     412     353     17%
TOTAL COMMODITIES     2,543     2,289     11%
                   
FINANCIALS                  
Interest Rates                  
Short-term Interest Rates (7)     967     1,427     -32%
Medium & Long-term Interest Rates (8)     149     132     13%
TOTAL INTEREST RATES     1,116     1,559     -28%
                   
Equity Indices (9)     281     335     -16%
Single Stock Equities (10)     626     971     -36%
TOTAL EQUITY DERIVATIVES     907     1,306     -31%
                   
TOTAL FX (11)     59     17     237%
TOTAL FINANCIALS     2,081     2,882     -28%
TOTAL FUTURES & OPTIONS     4,624     5,172     -11%
Note: Figures may not foot due to rounding.
(1)     “Other Oil” includes futurized oil, WTI, Heating Oil, RBOB Gasoline and Middle East Sour Crude, excludes Daily Brent Bullets.
(2) “Natural Gas” includes North American, UK and European Natural Gas.
(3) “Power” includes North American, UK and European Power.
(4) “Emissions & Other” includes emissions, freight, coal, iron ore and uranium.
(5) “Sugar” includes Sugar No. 11, Sugar No. 16 and White Sugar.
(6) “Other Ags & Metals” includes Cocoa ($), Cocoa (£),Coffee “C”, Robusta Coffee, Cotton No. 2, Orange Juice, Corn, Feed Wheat, Soybeans, Barley, Canola, Mini Gold and Mini Silver contracts.
(7) “Short-term Interest Rates” includes Euribor, Sterling, Swiss, Eonia, Eurodollar, Short Gilt, European Government Bonds and DTCC GCF Repo Index® contracts.
(8) “Medium & Long-Term Rates” includes Gilt, Swapnotes, Japanese Government Bonds, European Government Bonds, Treasuries and U.S. Government Bonds and Ultrabond contracts.
(9) “Equity Indices” includes FTSE 100®, FTSE 100 Dividend®, price return and net total return versions of MSCI EAFE®, MSCI Emerging Markets®, MSCI Europe®, and MSCI World®, Russell 2000®, Russell 1000®.
(10) “Single Stock Equities” includes equities domiciled in 25 countries that trade in the UK.
(11) “TOTAL FX” includes futures and options for the U.S. Dollar Index and foreign exchange.
 
 

ICE Futures & Options Rolling Three-Month Average Rate per Contract (RPC)

Futures & Options Products

    Three Months

Ending

April 2015

    Three Months

Ending

Mar 2015

    Three Months

Ending

Feb 2015

Energy     $1.35     $1.34     $1.33
Agricultural & Metals     $2.38     $2.34     $2.40
Total Commodities     $1.50     $1.45     $1.45
Interest Rates     $0.58     $0.58     $0.60
Total Financials     $0.58     $0.62     $0.64

RPC is calculated by dividing transaction revenues by contract volume, and may vary based on pricing, customer and product mix. RPC is subject to revision based on final numbers.

       
 

ICE Futures & Options Open Interest (contracts in 000s)

     

April 30, 2015

   

Dec 31, 2014

Energy     39,940     38,436
Agricultural & Metals     3,225     3,308
Total Commodities    

43,165

    41,744
Interest Rates     15,059     13,042
Total Financials     29,916     26,332
 
 

U.S. Equity Options (contracts in 000s)

    ADV April     ADV April     Change
      2015     2014     y/y
NYSE Equity Options(1)     2,631     3,737     -30%
Total U.S. Options Volume     14,302     15,432     -7%
NYSE Share of Group Total     18.4%     24.2%     -5.8pts

(1) “NYSE Equity Options” includes NYSE Amex Options and NYSE Arca Options trading in U.S. equity options contracts

 
 

NYSE U.S. Equity Options Rolling Three-Month Average Rate per Contract (RPC)

 

    Three Months

Ending

April 2015

    Three Months

Ending

Mar 2015

    Three Months

Ending

Feb 2015

NYSE US Equity Options     $0.18     $0.18     $0.18
 
 

NYSE U.S. Cash Products (shares in millions)

    ADV April     ADV April     Change
      2015     2014     y/y
NYSE Listed (Tape A) Issues                  
Handled Volume (1)     1,101     1,069     3%
Matched Volume(2)     1,084     1,043     4%
Total NYSE Listed Consolidated Volume     3,449     3,438     0%
Share of Total Matched Consolidated Volume     31.4%     30.3%     1.1pts
                   
NYSE Arca, MKT and Regional (Tape B) Listed Issues                  
Handled Volume (1)     269     246     9%
Matched Volume(2)     255     232     10%
Total NYSE Arca and MKT Listed Consolidated Volume     1,211     1,073     13%
Share of Total Matched Consolidated Volume     21.1%     21.6%     -0.5pts
                   
Nasdaq Listed (Tape C) Issues                  
Handled Volume (1)     206     223     -7%
Matched Volume(2)     195     206     -6%
Total Nasdaq Listed Consolidated Volume     1,788     2,119     -16%
Share of Total Matched Consolidated Volume     10.9%     9.7%     1.1pts
                   
TOTAL U.S. Cash Market Share Matched     23.8%     22.3%     1.4pts
TOTAL ADV U.S. Cash Shares Handled     1,576     1,537     3%
(1)   “Handled Volume” represents the total number of shares of equity securities, exchange traded funds (ETFs) and crossing session activity internally matched on NYSE Group’s exchanges or routed to and executed on an external market center.
(2) “Matched Volume” represents the total number of shares of equity securities, ETFs and crossing session activity executed on NYSE Group’s exchanges.
 
 

NYSE U.S. Cash Rolling Three-Month Revenue Capture

(per 100 shares)

 

    Three Months

Ending

April 2015

    Three Months

Ending

Mar 2015

    Three Months

Ending

Feb 2015

U.S. Cash Products     $0.049     $0.049     $0.050
           

Trading days in April 2015:

  • Interest Rates, Single Stock Equity Derivatives: 20
  • Commodities, Other Financials: 21
  • U.S. Cash Equities, U.S. Equity Options: 21

About Intercontinental Exchange

Intercontinental Exchange (NYSE:ICE) operates the leading network of regulated exchanges and clearing houses. ICE’s futures exchanges and clearing houses serve global commodity and financial markets, providing risk management and capital efficiency. The New York Stock Exchange is the world leader in capital raising and equities trading.

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 www.intercontinentalexchange.com/terms-of-use.

Russell® and the Russell indexes are trademarks and service marks of the Russell Investment Group and are used under license. FTSE® and the FTSE indexes are trademarks and service marks of the London Stock Exchange plc and Financial Times Limited and are used under license. MSCI® and the MSCI indexes are trademarks and service marks of MSCI Inc. or its affiliates and are used under license.

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, 2014, as filed with the SEC on February 5, 2015.

SOURCE: Intercontinental Exchange

ICE-CORP

Contacts

Intercontinental Exchange
Investor Contact:
Kelly Loeffler, SVP, Corp. Comm, Marketing and Investor Relations
+1 770 857 4726
kelly.loeffler@theice.com

Contacts

Intercontinental Exchange
Investor Contact:
Kelly Loeffler, SVP, Corp. Comm, Marketing and Investor Relations
+1 770 857 4726
kelly.loeffler@theice.com