North American multinational network of electronic exchanges and clearing houses Intercontinental Exchange (NYSE: ICE) has today reported its trading metrics for January 2015.
Following on from December’s healthy 53,000 contracts on average per day, the company has begun the year with steady performance, as January’s average daily FX volume stands at 51,000 contracts.
This figure, whilst 3.77% down from December’s average daily volumes, is more than satisfactory when considering that December’s figure represented a 23.1% increment in average daily volumes compared with 42,000 in November.
Indeed, exchange-traded FX activity during January has followed this path, with Tokyo Financial Exchange’s Click365 margin FX contracts having remained at similar levels to the previous months, with a 10% drop compared with December, however Moscow Exchange’s January FX volumes reduced dramatically compared with the previous month.
With regard to the entirety of IntercontinentalExchange’s business across other asset classes, January 2015 average daily volume declined 7% compared to January 2014 for the company’s entire business.
Commodity ADV increased 7% led by Brent, Gasoil and Other Oil up 42%, 9% and 51%, respectively, from the prior January.
Financials ADV declined 22% from the previous January primarily due to continued low Continental European short-term interest rates, partially offset by a 6% increase in equity index ADV.
ADV for NYSE’s U.S. cash equities increased 19%, while U.S. equity options ADV declined 26% over the prior January. NYSE’s U.S. cash equities market share increased 3 percentage points to 23.9% and NYSE’s U.S. options market share was 18.3%.
For the official announcement from IntercontinentalExchange, click here.