03.20.2018

ICE Sets Open Interest Record in Sterling Futures

03.20.2018

Intercontinental Exchange (ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced that the ICE Three Month Short Sterling Futures contract achieved two consecutive open interest records of 3,896,252 contracts on 16 March 2018 and 3,867,976 contracts on 15 March 2018. The previous open interest record was 3,801,867 contracts set in July 2007.

ICE’s interest rate franchise has seen a strong start to 2018 as market participants turn to ICE’s market to manage their UK and EU interest rate exposure.

At the end of February average daily volume (ADV) across the ICE Interest Rates complex was 2.7 million contracts, up 37% y/y. The ICE Euribor contract has also seen strong momentum in 2018 amid strong Eurozone growth with Euribor futures ADV reaching 1 million contracts in February, up 37% y/y, and open interest up 49%. In 2017, volume grew 27% y/y across ICE’s Interest Rates complex.

Source: ICE

It's been a month since we had our Women In Finance Awards in New York City at the Plaza! Take a look back tab some moments, and nominate for our upcoming awards in Mexico City and Singapore here: https://www.marketsmedia.com/category/events/

4

Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:

SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:

COO of the Year Award winner! 🏆
Discover how Jennifer Kaiser of Marex earned the 2025 Women in Finance COO of the Year recognition.

Load More

Related articles

  1. These are the first active ETFs issued by Columbia Threadneedle Investments in Europe.

  2. CME’s Duffy: October Vol May Signal Breakout

    Evidence of late-cycle behavior continues to build.

  3. Trading Europe From ‘Across the Pond’

    The firm will offer digital asset execution and custody in the EU.

  4. A single, consolidated platform wil provide settlement and custody across multiple EU markets.

  5. MiFID II Prompts Banks to Keep Time

    Due to late trading, retail investors can now react better to changes on US stock exchanges.