The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from PR Newswire

ICE Reports 21% Increase in Futures Volume for April

Wednesday, May 02, 2012

ICE Reports 21% Increase in Futures Volume for April07:35 EDT Wednesday, May 02, 2012ATLANTA, May 2, 2012 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, reported futures volume for April 2012. Average daily volume (ADV) for ICE's futures markets was 1,540,997 contracts, an increase of 21% from April 2011. Year-to-date through April 30, ADV across ICE's futures exchanges was 1,551,967 contracts, up 2% compared to the first four months of 2011. Total futures volume in April 2012 was 30.8 million contracts.(Logo: http://photos.prnewswire.com/prnh/20090727/CL51999LOGO )April 2012 ReviewICE Futures Europe records: Monthly volume and ADV records were achieved in ICE Brent options and NY Harbor Unleaded (RBOB) Gasoline futures contracts. The exchange set an open interest record of 5,564,946 contracts on April 30.  During the month, open interest records were established in ICE Brent futures and options, ICE Rotterdam Coal futures, Dutch Nat Gas futures, Heating Oil and NY Harbor Unleaded (RBOB) Gasoline futures, EUAA futures, UK Natural Gas options and WTI options contracts.ICE Futures U.S. records: ICE Cocoa futures established a monthly volume record of 605,217 contracts.ICE Futures Canada records: Monthly volume and ADV records were achieved in Canola options. The exchange and ICE Canola futures set open interest records of 273,915 and 240,731 contracts, respectively, on April 30.ICE announced an agreement with Cetip to develop and deliver a new Brazilian fixed income trading platform for corporate and government bonds. Griffin Markets Group announced that it will introduce a Multilateral Trading Facility (MTF) that will utilize ICE's front-end, WebICE, as the technology platform. The UK's Department of Energy & Climate Change selected ICE Futures Europe as the preferred supplier to conduct aviation allowances and auctions on behalf of the UK government.  Pending review by the Commodity Futures Trading Commission (CFTC), ICE Futures U.S. announced the expansion of its Agriculture offerings to include five new U.S. grain and oilseed contracts. ICE launched 26 new cleared OTC contracts for its energy markets in addition to the introduction of American-style options on futures for Heating Oil and RBOB Gasoline at ICE Futures Europe. ICE released its updated WebICE version 12.600, which includes enhanced execution and order management tools. Through April 26, ICE's CDS clearing houses have cleared $30.1 trillion in gross notional value on a cumulative basis across 879,324 transactions. ICE currently lists 345 CDS instruments for clearing. ICE Clear Credit has cleared $17.5 trillion of gross notional value since inception, including $1.5 trillion in single-name CDS, resulting in open interest of $914 billion. ICE Clear Credit offers clearing for 46 indexes and 132 corporate single-name instruments and four Latin American sovereign instruments. ICE Clear Europe has cleared euro 9.2 trillion ($12.6 trillion) of gross notional value since inception, including euro 1.3 trillion ($1.7 trillion) in single-name CDS, resulting in euro 551 billion ($728 billion) of open interest. ICE Clear Europe offers clearing for 42 indexes and 121 single-names.Trading days in April 2012: ICE Futures Europe: 20 ICE Futures U.S.: 20 ICE Futures Canada: 20 ICE Futures Contracts & Markets Monthly ADVProduct LineADVApril2012ADVApril2011ADV% ChangeICE Brent Crude futures & options612,720428,43343.0ICE Gasoil futures & options238,447223,2506.8ICE WTI Crude futures & options132,079168,862-21.8ICE ECX emissions futures & options 30,56419,55356.3Other futures contracts (1)51,92626,62095.1TOTAL ICE FUTURES EUROPE1,065,736866,71823.0Index futures & options (2)140,165113,10123.9Sugar No. 11 futures & options                    162,505142,21814.3Other agricultural commodity contracts (3)120,958106,99213.1Currency futures and options contracts (4)23,67827,053-12.5TOTAL ICE FUTURES U.S. 447,306389,36414.9TOTAL ICE FUTURES CANADA & CCFE27,95521,46830.2TOTAL FUTURES CONTRACTS1,540,9971,277,55020.6(1) "Other futures & options contracts" include ICE UK Natural Gas futures; ICE Coal futures; ICE Dutch TTF and German Natural Gas futures; ICE UK Electricity futures; ICE Heating Oil futures; ICE Unleaded Gasoline Blendstock (RBOB) futures; and Coal and Natural Gas options.(2) "Index futures & options" includes Russell 2000® mini futures and options and futures for the Russell 1000® mini, the Continuous Commodity Index, the Euro Index and the NYSE Composite.(3) "Other agricultural commodity contracts" include futures and/or options for Cocoa, Coffee "C", Cotton No. 2, Orange Juice, Sugar No. 14 and Sugar No. 16.(4) "Currency futures and options" include futures and options for the U.S. Dollar Index and foreign exchange. ICE Futures Year-to-Date ADV4-mos 20124-mos 2011Percent ChangeICE Futures Europe1,107,2231,082,1512.3ICE Futures U.S. 419,274415,8020.8ICE Futures Canada & CCFE25,47020,47024.4Total Futures1,551,9671,518,4232.2 ICE Futures Monthly and Year-to-Date VolumeApril 2012April 2011Percent ChangeICE Futures Europe21,314,72617,334,35823.0ICE Futures U.S. 8,946,1137,787,27014.9ICE Futures Canada & CCFE559,090429,36530.2Total Futures 30,819,92925,550,99320.64-mos 20124-mos 2011Percent ChangeICE Futures Europe90,792,28988,736,3652.3ICE Futures U.S. 34,380,44234,095,7740.8ICE Futures Canada & CCFE2,113,7201,678,50125.9Total Futures127,286,451124,510,6402.2 ICE Futures Open InterestApril 30, 2012December 31, 2011ICE Futures Europe 5,564,9463,905,986ICE Futures U.S. 2,800,9692,680,454ICE Futures Canada & CCFE273,915170,894 Rolling Three-Month Average Rate per Contract (RPC) Product LineThree Months Ending April 2012Three Months EndingMarch 2012Three Months EndingFebruary 2012ICE Futures Europe$1.55$1.56$1.60ICE Futures U.S. Ag$2.70$2.68$2.71ICE Futures U.S. Fin$0.88$0.93$0.86RPC is calculated by dividing transaction revenues by contract volume, and may vary based on pricing, customer and product mix.Historical futures volume and OTC commission data can be found at: http://ir.theice.com/supplemental.cfm About IntercontinentalExchangeIntercontinentalExchange® (NYSE: ICE) is a leading operator of regulated futures exchanges and over-the-counter markets for agricultural, credit, currency, emissions, energy and equity index contracts. ICE Futures Europe® hosts trade in half of the world's crude and refined oil futures. ICE Futures U.S.® and ICE Futures Canada® list agricultural, currencies and Russell Index markets. ICE® is also a leading operator of central clearing services for the futures and over-the-counter markets, with five regulated clearing houses across North America and Europe. ICE serves customers in more than 70 countries. www.theice.com  The following are trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies: IntercontinentalExchange, IntercontinentalExchange & Design, ICE, ICE and block design, ICE Futures Canada, ICE Futures Europe, ICE Futures U.S., ICE Clear Europe, ICE Clear Credit, U.S. Dollar Index, European Climate Exchange (ECX) and Chicago Climate Futures Exchange (CCFE). All other trademarks are the property of their respective owners. For more information regarding registered trademarks owned by IntercontinentalExchange, Inc. and/or its affiliated companies, see https://www.theice.com/terms.jhtmlSafe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding IntercontinentalExchange'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, 2011, as filed with the SEC on February 8, 2012.ICE-CORPSOURCE IntercontinentalExchangeFor further information: Investor Contacts: Kelly Loeffler, VP, Investor Relations & Corp. Communications, IntercontinentalExchange, Inc., +1-770-857-4726, kelly.loeffler@theice.com, or Melanie Shale, Director, Investor Relations, IntercontinentalExchange, Inc., +1-770-857-2532, melanie.shale@theice.com; Media Contacts: Lee Underwood, Director, Communications, IntercontinentalExchange, Inc., +1-770-857-0342, lee.underwood@theice.com