Intercontinental Exchange Total ADV for June Soared by 13%

Wednesday, 06/07/2022 | 19:42 GMT by Felipe Erazo
  • The Total financials ADV jumped 33% y/y for the period.
  • The Total ADV for the second quarter of the year rose by 12% y/y.
Intercontinental Exchange (ICE)

Intercontinental Exchange (ICE), an operator of global exchanges and clearinghouses, released its trading volume metrics on Wednesday for June 2022. The operator noted a surge in its total average daily volume (ADV) of around 13% on a yearly basis and a rise of 3% in its total open interest on a yearly basis.

In other metrics, Brent ADV was up 6% y/y during the period, while total natural gas ADV surged 12% on a yearly basis. Total financials ADV were up 33% y/y, and its open interest was up 12% on a yearly basis. Other ADVs included TTF natural gas, which soared 9%, equity indices surged 26%, and US cash equities increased 16%.

In the second quarter, the total average daily volume jumped 12% on a yearly basis, while total energy ADV rose 3%. In addition, equity options ADV for the period soared by 25%.

“The continued war in Ukraine sparked a reshaping of global energy flows in the second quarter of 2022, a process which will continue to present new risks and uncertainties for investors and consumers of energy. Meanwhile, rising inflation has created an interest rate environment vastly different to what investors have navigated in the years since the financial crisis. Our transparent, accessible futures markets continue to provide critical risk management tools for customers to manage and hedge these risks and uncertainties across asset classes,” Ben Jackson, the President of ICE, commented.

Recent Partnerships and Investments

Recently, Intercontinental Exchange announced that it became an official partner of the McLaren MX Extreme E Team. According to the press release, the team races new all-electric series featuring male and female drivers. Additionally, Intercontinental Exchange revealed a strategic investment in tZERO, an international leader in blockchain technology for capital markets.

Intercontinental Exchange (ICE), an operator of global exchanges and clearinghouses, released its trading volume metrics on Wednesday for June 2022. The operator noted a surge in its total average daily volume (ADV) of around 13% on a yearly basis and a rise of 3% in its total open interest on a yearly basis.

In other metrics, Brent ADV was up 6% y/y during the period, while total natural gas ADV surged 12% on a yearly basis. Total financials ADV were up 33% y/y, and its open interest was up 12% on a yearly basis. Other ADVs included TTF natural gas, which soared 9%, equity indices surged 26%, and US cash equities increased 16%.

In the second quarter, the total average daily volume jumped 12% on a yearly basis, while total energy ADV rose 3%. In addition, equity options ADV for the period soared by 25%.

“The continued war in Ukraine sparked a reshaping of global energy flows in the second quarter of 2022, a process which will continue to present new risks and uncertainties for investors and consumers of energy. Meanwhile, rising inflation has created an interest rate environment vastly different to what investors have navigated in the years since the financial crisis. Our transparent, accessible futures markets continue to provide critical risk management tools for customers to manage and hedge these risks and uncertainties across asset classes,” Ben Jackson, the President of ICE, commented.

Recent Partnerships and Investments

Recently, Intercontinental Exchange announced that it became an official partner of the McLaren MX Extreme E Team. According to the press release, the team races new all-electric series featuring male and female drivers. Additionally, Intercontinental Exchange revealed a strategic investment in tZERO, an international leader in blockchain technology for capital markets.

About the Author: Felipe Erazo
Felipe Erazo
  • 1036 Articles
  • 46 Followers
About the Author: Felipe Erazo
Felipe earned a degree in journalism at the University of Chile with the highest honour in the overall ranking, and he also holds a Bachelor of Arts in Social Communication. In addition, he has been working as a freelance writer and Forex/crypto analyst, with experience gained from several forex broker firms and crypto-related media outlets around the world. He has been involved in the world of online forex trading since 2010 and in the crypto sphere since 2015.
  • 1036 Articles
  • 46 Followers

More from the Author

Institutional FX

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}