02.07.2024

ICE Has Record ADV for Commodities, Energy & Total Options

02.07.2024
Easy Money Tamps Down Volatility

Intercontinental Exchange, a leading global provider of technology and data, reported January 2024 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.

January highlights include:

  • Total average daily volume (ADV) up 30% y/y, including record options of 1.6M lots; open interest (OI) up 20% y/y, including record OI of 87.3M lots on January 25
  • Record Energy ADV up 33% y/y; OI up 22% y/y, including record OI of 56.3M lots on January 25
    • Total Oil ADV up 31% y/y; OI up 25% y/y
      • Brent ADV up 14% y/y; OI up 6% y/y
      • WTI ADV up 59% y/y; OI up 50% y/y
      • Gasoil ADV up 49% y/y; OI up 50% y/y
      • Record Other Crude & Refined products ADV up 50% y/y; OI up 36% y/y
    • Total Natural gas ADV up 39% y/y, including record options of 646k lots; OI up 26% y/y, including record OI of 37.5M lots on January 25
      • North American gas ADV up 38% y/y; OI up 21% y/y
      • TTF gas ADV up 44% y/y; OI up 97% y/y, including record OI of 3.7M lots on January 25
      • Asia gas ADV up 76% y/y; OI up 33% y/y
    • Total Environmentals ADV up 9% y/y
  • Total Ags & Metals ADV up 8% y/y; OI up 23% y/y, including record OI of 5.4M lots on January 31
    • Sugar OI up 13% y/y
    • Record Cocoa ADV up 54% y/y; OI up 68% y/y, including record OI of 1.8M lots on January 31
    • Coffee OI up 7% y/y
  • Total Financials ADV up 29% y/y; OI up 14% y/y
    • Total Interest Rates ADV up 38% y/y; OI up 20% y/y
      • Record SONIA ADV up 61% y/y; OI up 108% y/y
      • Euribor ADV up 31% y/y; OI up 5% y/y

Source: ICE

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