ATLANTA--(BUSINESS WIRE)--Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today reported July exchange traded volume.
ICE’s July 2015 futures and options average daily volume (ADV) increased 1% compared to July 2014.
- Commodity ADV increased 4% led by gasoil, other oil, natural gas and sugar ADV up 25%, 7%, 6% and 15% respectively, from the prior July.
- Financials ADV declined 2% from the previous July primarily due to single stock equity futures volume declines, partially offset by European short-term interest rate volumes, which increased 18% year to year.
NYSE’s U.S. cash equities ADV increased 23%, while U.S. equity options ADV declined 14% over the prior July. NYSE’s U.S. cash equities market share was 23.8% and NYSE’s U.S. options market share was 19.9%.
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ICE Futures & Options ADV (contracts in 000s) |
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| ADV July 2015 | ADV July 2014 | Change y/y | ||||
| COMMODITIES | ||||||
| Energy | ||||||
| Brent | 787 | 827 | -5% | |||
| Gasoil | 245 | 196 | 25% | |||
| Other Oil (1) | 311 | 290 | 7% | |||
| TOTAL OIL | 1,342 | 1,313 | 2% | |||
| Natural Gas (2) | 788 | 746 | 6% | |||
| Power (3) | 94 | 90 | 4% | |||
| Emissions & Other (4) | 32 | 39 | -18% | |||
| TOTAL ENERGY | 2,256 | 2,188 | 3% | |||
| Agricultural | ||||||
| Sugar (5) | 135 | 117 | 15% | |||
| Other Ags & Metals (6) | 152 | 147 | 3% | |||
| TOTAL AGRICULTURAL & METALS | 287 | 264 | 8% | |||
| TOTAL COMMODITIES | 2,543 | 2,452 | 4% | |||
| FINANCIALS | ||||||
| Interest Rates | ||||||
| Short-term Interest Rates (7) | 1,032 | 877 | 18% | |||
| Medium & Long-term Interest Rates (8) | 156 | 136 | 14% | |||
| TOTAL INTEREST RATES | 1,187 | 1,014 | 17% | |||
| Equity Indices (9) | 291 | 317 | -8% | |||
| Single Stock Equities (10) | 243 | 448 | -46% | |||
| TOTAL EQUITY DERIVATIVES | 533 | 766 | -30% | |||
| TOTAL FX & CREDIT (11) | 43 | 20 | 111% | |||
| TOTAL FINANCIALS | 1,763 | 1,800 | -2% | |||
| TOTAL FUTURES & OPTIONS | 4,306 | 4,252 | 1% | |||
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| 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. |
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(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 and ERIS interest rate futures. |
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(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 & CREDIT” includes futures and options for the U.S. Dollar Index, foreign exchange and ERIS CDS credit futures. |
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ICE Futures & Options Rolling Three-Month Average Rate per Contract (RPC) |
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| Three Months | Three Months | Three Months | ||||
| Futures & Options | Ending | Ending | Ending | |||
| Products | July 2015 | June 2015 | May 2015 | |||
| Energy | $1.30 | $1.32 | $1.35 | |||
| Agricultural & Metals | $2.37 | $2.38 | $2.34 | |||
| Total Commodities | $1.44 | $1.48 | $1.48 | |||
| Interest Rates | $0.58 | $0.56 | $0.57 | |||
| Total Financials | $0.56 | $0.53 | $0.53 | |||
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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.
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ICE Futures & Options Open Interest (contracts in 000s) |
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| July 31, 2015 | Dec 31, 2014 | |||
| Energy | 39,290 | 38,436 | ||
| Agricultural & Metals | 3,667 | 3,308 | ||
| Total Commodities | 42,958 | 41,744 | ||
| Interest Rates | 15,932 | 13,042 | ||
| Total Financials | 29,931 | 26,332 | ||
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U.S. Equity Options (contracts in 000s) |
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| ADV July | ADV July | Change | ||||
| 2015 | 2014 | y/y | ||||
| NYSE Equity Options(1) | 3,083 | 3,592 | -14% | |||
| Total U.S. Options Volume | 15,461 | 14,656 | 5% | |||
| NYSE Share of Group Total | 19.9% | 24.5% | -4.6pts | |||
(1) “NYSE Equity Options” includes NYSE Amex Options and NYSE Arca Options trading in U.S. equity options contracts.
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NYSE U.S. Equity Options Rolling Three-Month Average Rate per Contract (RPC) |
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| Three Months | Three Months | Three Months | ||||
| Ending | Ending | Ending | ||||
| July 2015 | June 2015 | May 2015 | ||||
| NYSE US Equity Options | $0.16 | $0.17 | $0.18 | |||
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NYSE U.S. Cash Products (shares in millions) |
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| ADV July | ADV July | Change | ||||
| 2015 | 2014 | y/y | ||||
| NYSE Listed (Tape A) Issues | ||||||
| Handled Volume (1) | 1,130 | 939 | 20% | |||
| Matched Volume(2) | 1,113 | 920 | 21% | |||
| Total NYSE Listed Consolidated Volume | 3,560 | 3,052 | 17% | |||
| Share of Total Matched Consolidated Volume | 31.3% | 30.1% | 1.1pts | |||
| NYSE Arca, MKT and Regional (Tape B) Listed Issues | ||||||
| Handled Volume (1) | 291 | 204 | 43% | |||
| Matched Volume(2) | 278 | 193 | 44% | |||
| Total NYSE Arca and MKT Listed Consolidated Volume | 1,333 | 875 | 52% | |||
| Share of Total Matched Consolidated Volume | 20.9% | 22.1% | -1.2pts | |||
| Nasdaq Listed (Tape C) Issues | ||||||
| Handled Volume (1) | 224 | 193 | 16% | |||
| Matched Volume(2) | 214 | 181 | 19% | |||
| Total Nasdaq Listed Consolidated Volume | 1,853 | 1,803 | 3% | |||
| Share of Total Matched Consolidated Volume | 11.6% | 10.0% | 1.5pts | |||
| TOTAL U.S. Cash Market Share Matched | 23.8% | 22.6% | 1.2pts | |||
| TOTAL ADV U.S. Cash Shares Handled | 1,645 | 1,336 | 23% | |||
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| (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 | Three Months | Three Months | ||||
| Ending | Ending | Ending | ||||
| July 2015 | June 2015 | May 2015 | ||||
| U.S. Cash Products | $0.051 | $0.051 | $0.051 | |||
Trading days in July 2015:
- Interest Rates, Single Stock Equity Derivatives: 23
- Commodities, Other Financials: 22
- U.S. Cash Equities, U.S. Equity Options: 22
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
