ATLANTA--(BUSINESS WIRE)--Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today reported October exchange traded volume.
ICE’s October 2015 futures and options average daily volume (ADV) decreased 2% compared to October 2014.
- Commodity ADV increased 5% led by gasoil, other oil, natural gas, and sugar ADV up 23%, 6%, 5% and 72% respectively, from the prior October.
- Financials ADV declined 12% from the previous October primarily due to low volatility in equity indices and the low interest rate environment in Europe.
NYSE’s U.S. cash equities and U.S. equity options ADV declined 7% and 30%, respectively, over the prior October. NYSE’s U.S. cash equities market share was 24.6% and NYSE’s U.S. options market share was 20.5%.
ICE Futures & Options ADV (contracts in 000s) |
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ADV Oct 2015 | ADV Oct 2014 | Change y/y | ||||
COMMODITIES | ||||||
Energy | ||||||
Brent | 735 | 817 | -10% | |||
Gasoil | 281 | 228 | 23% | |||
Other Oil (1) | 322 | 302 | 6% | |||
TOTAL OIL | 1,338 | 1,348 | -1% | |||
Natural Gas (2) | 992 | 948 | 5% | |||
Power (3) | 113 | 103 | 10% | |||
Emissions & Other (4) | 31 | 33 | -4% | |||
TOTAL ENERGY | 2,475 | 2,432 | 2% | |||
Agricultural | ||||||
Sugar (5) | 161 | 94 | 72% | |||
Other Ags & Metals (6) | 199 | 181 | 10% | |||
TOTAL AGRICULTURAL & METALS | 360 | 274 | 31% | |||
TOTAL COMMODITIES | 2,834 | 2,706 | 5% | |||
FINANCIALS | ||||||
Interest Rates | ||||||
Short-term Interest Rates (7) | 1,343 | 1,387 | -3% | |||
Medium & Long-term Interest Rates (8) | 162 | 208 | -22% | |||
TOTAL INTEREST RATES | 1,505 | 1,595 | -6% | |||
TOTAL EQUITY INDICES (9) | 330 | 476 | -31% | |||
TOTAL FX & CREDIT (10) | 33 | 44 | -25% | |||
TOTAL FINANCIALS | 1,868 | 2,115 | -12% | |||
TOTAL FUTURES & OPTIONS | 4,702 | 4,821 | -2% |
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 and ERIS interest rate futures. |
(9) “TOTAL EQUITY INDICES” includes FTSE 100®, FTSE 100 Dividend®, price return and net total return versions of MSCI EAFE®, MSCI Emerging Markets®, MSCI Europe®, MSCI World®, Russell 2000® and Russell 1000®. |
(10) “TOTAL FX & CREDIT” includes futures and options for the U.S. Dollar Index, foreign exchange and ERIS credit futures. |
ICE Futures & Options Rolling Three-Month Average Rate per Contract (RPC) |
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Futures & Options Products |
Three Months
Ending Oct 2015 |
Three Months
Ending Sep 2015 |
Three Months
Ending Aug 2015 |
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Energy | $1.30 | $1.30 | $1.29 | |||
Agricultural & Metals | $2.29 | $2.36 | $2.36 | |||
Total Commodities | $1.43 | $1.45 | $1.43 | |||
Interest Rates | $0.55 | $0.54 | $0.55 | |||
Total Financials | $0.69 | $0.68 | $0.67 |
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) |
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Oct 30, 2015 | Dec 31, 2014 | |||
Energy | 39,629 | 38,436 | ||
Agricultural & Metals | 3,965 | 3,308 | ||
Total Commodities | 43,593 | 41,744 | ||
Interest Rates | 19,391 | 13,042 | ||
Total Financials | 24,572 | 17,610 |
U.S. Equity Options (contracts in 000s) |
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ADV Oct
2015 |
ADV Oct 2014 |
Change
y/y |
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NYSE Equity Options(1) | 3,022 | 4,326 | -30% | |||
Total U.S. Options Volume | 14,733 | 18,994 | -22% | |||
NYSE Share of Group Total | 20.5% | 22.8% | -2.3pts |
(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) |
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|
Three Months
Ending Oct 2015 |
Three Months
Ending Sep 2015 |
Three Months
Ending Aug 2015 |
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NYSE US Equity Options | $0.13 | $0.14 | $0.15 |
NYSE U.S. Cash Products (shares in millions) |
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ADV Oct 2015 | ADV Oct 2014 | Change y/y | ||||
NYSE Listed (Tape A) Issues | ||||||
Handled Volume (1) | 1,275 | 1,299 | -2% | |||
Matched Volume(2) | 1,258 | 1,272 | -1% | |||
Total NYSE Listed Consolidated Volume | 3,926 | 4,101 | -4% | |||
Share of Total Matched Consolidated Volume | 32.0% | 31.0% | 1.0pts | |||
NYSE Arca, MKT and Regional (Tape B) Listed Issues | ||||||
Handled Volume (1) | 310 | 383 | -19% | |||
Matched Volume(2) | 297 | 364 | -18% | |||
Total NYSE Arca and MKT Listed Consolidated Volume | 1,305 | 1,548 | -16% | |||
Share of Total Matched Consolidated Volume | 22.7% | 23.5% | -0.8pts | |||
Nasdaq Listed (Tape C) Issues | ||||||
Handled Volume (1) | 220 | 251 | -12% | |||
Matched Volume(2) | 210 | 234 | -10% | |||
Total Nasdaq Listed Consolidated Volume | 1,930 | 2,183 | -12% | |||
Share of Total Matched Consolidated Volume | 10.9% | 10.7% | 0.1pts | |||
TOTAL U.S. Cash Market Share Matched | 24.6% | 23.9% | 0.8pts | |||
TOTAL ADV U.S. Cash Shares Handled | 1,804 | 1,933 | -7% |
(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) |
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|
Three Months
Ending Oct 2015 |
Three Months
Ending Sep 2015 |
Three Months
Ending Aug 2015 |
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U.S. Cash Products | $0.049 | $0.050 | $0.051 | |||
Trading days in October 2015:
- Interest Rates, Single Stock Equity Derivatives: 22
- 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