On Wednesday, the IntercontinentalExchange?Group?(NYSE: ICE) reported its exchange traded volumes for?January 2014.
ICE?s January average daily volume (ADV) for global derivatives was 10.4 million contracts, a decrease of 8% compared to?January 2013.
NYSE equity options January ADV was 3,976,000, down 13 percent from January 2013’s 4,584,000 contracts. With total U.S. options volume for January at 16,745,000 contracts, NYSE had a 24 percent share, down from last year’s 29 percent.?
Other highlights included the following:
- Total commodities ADV increased 15% driven by strength in natural gas and agriculture contract volume.
- Total financial ADV declined 24% primarily due to lower volatility in European interest rates relative to the strong volumes inJanuary 2013?as a result of the long term repo operation (LTRO) repayment. This was partially offset by a 20% increase in equity index ADV driven by volatility in the equity markets.
January U.S. cash equities ADV declined 2% and European cash equities ADV increased 22% from the prior January.
Additional January 2014 highlights:?
- NYSE?Liffe?launched futures based on MSCI Factor Indices.
- ICE Benchmark Administration?(IBA) became the new administrator of the London Interbank Offered Rate (LIBOR) benchmark effective?February 1.
- 10 IPOs listed on?NYSE?in January, raising?$4.7 billion?in proceeds and capturing 86% market share in proceeds raised.
- Monthly total volume and ADV records were established in European natural gas futures, heating oil futures and emissions options contracts.
- Open interest records were established in European natural gas options, low sulphur gasoil futures, sugar 16 futures and various coal futures and options contracts.