Average Daily FX Volume Jumped by 26% in December 2014 at Intercontinental Exchange

The Intercontinental Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (ICE) has just issued a monthly statement to investors outlining the trading volumes at the venue, including the FX numbers it registered during the month of December 2014. The FX numbers show a massive jump on a year-on-year basis and a considerable increase month-on-month.

The “Total FX” average daily volume (ADV) figure released by the Intercontinental Exchange, which includes futures and options for the US Dollar Index and foreign exchange, reached 53,000 contracts for December 2014. This figure is 81% higher than December 2013’s ADV, and 26.2% higher than November 2014’s ADV of 42,000 contracts.

The report also showed that ICE’s December ADV decreased by 18% and that its fourth-quarter ADV decreased 11% across all categories compared to December 2013 and the fourth-quarter of 2013.