ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today reported February 2017 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at http://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.
ICE’s February average daily volume (ADV) for futures was 5.8 million contracts, a decrease of 5% compared to February 2016. ADV increased 3.5% sequentially from January 2017.
- Commodities ADV increased 2% over the prior February, led by a 9% increase in ADV for natural gas and a 1% increase in ADV for Brent contracts. This was partially offset by agriculture ADV down 7% and WTI ADV down 10% y/y.
- Financials ADV declined 13% y/y primarily due to lower volatility in equity and interest rate markets, with European interest rate ADV down 8% y/y and equity indices down 33% y/y, slightly offset by FX and CDS futures ADV up 21% y/y.
- NYSE cash equities ADV declined 29% y/y on lower U.S. equity market volatility relative to February 2016.
About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) operates the leading network of global futures, equity and equity options exchanges, as well as global clearing and data services across financials and commodity markets. The New York Stock Exchange is the world leader in capital raising, listings 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.
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, 2016, as filed with the SEC on February 7, 2017.
SOURCE: Intercontinental Exchange