ICE Reports July Daily Futures Volume; $1.8 Trillion in CDS Cleared by Buyside and $43 Trillion in Total CDS Cleared to Date
ATLANTA, Aug. 2, 2013 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, today reported futures volume for July 2013. ICE's average daily volume (ADV) for futures and options was 3,001,782 contracts, a decrease of 2% from the prior July. Total volume in July 2013 was 66 million contracts.
ICE Earnings Call
- ICE will announce second quarter 2013 financial results on Tuesday, August 6, 2013 and will hold an earnings conference call at 8:30 a.m. ET that day. A live audio webcast of the earnings call will be available on the company's website at www.theice.com under About ICE/Investors & Media. Participants may also listen via telephone by dialing 877-674-6420 if calling from the United States, or 708-290-1370 if dialing from outside of the United States. Telephone participants should call 10 minutes prior to the start of the call. The call will be archived on the company's website for replay.
July 2013 Review
- ICE transitioned the London-based derivatives market of NYSE Liffe to ICE Clear Europe on July 1. The transition involved 43 member firms with 75 million contract sides and $11.17 billion in margin.
- ICE Clear Europe will introduce client clearing for European index and single name credit default swaps (CDS) in October.
- Daily and monthly records were established in Coal Newcastle options.
- Open interest records were established in Dutch TTF gas options, emissions futures and various coal options and futures contracts.
| ICE Futures Contracts & Markets ADV |
||||||
| Product Line (Futures & Options) |
ADV Jul 2013 |
ADV Jul 2012 |
ADV % Change |
ADV YTD Jul 2013 |
ADV YTD Jul 2012 |
ADV % Change |
| ICE Brent |
654,051 |
663,006 |
-1% |
689,270 |
640,793 |
8% |
| ICE Gasoil |
260,171 |
268,275 |
-3% |
272,790 |
261,691 |
4% |
| ICE Other Oil (1)* |
297,764 |
198,183 |
50% |
261,589 |
207,829 |
26% |
| ICE OIL |
1,211,986 |
1,129,465 |
7% |
1,223,650 |
1,110,313 |
10% |
| ICE Natural Gas* |
957,242 |
1,228,528 |
-22% |
1,265,138 |
1,608,387 |
-21% |
| ICE Power* |
468,402 |
300,427 |
56% |
528,651 |
336,690 |
57% |
| ICE Emissions & Other (2) |
30,282 |
44,167 |
-31% |
43,871 |
38,032 |
15% |
| TOTAL ENERGY |
2,667,911 |
2,702,587 |
-1% |
3,061,309 |
3,093,422 |
-1% |
| ICE Sugar |
111,560 |
133,542 |
-16% |
144,418 |
143,265 |
1% |
| ICE Other Ags (3) |
94,215 |
102,940 |
-8% |
133,412 |
126,151 |
6% |
| TOTAL AGRICULTURAL |
205,775 |
236,482 |
-13% |
277,830 |
269,416 |
3% |
| ICE Equity Index (4) |
89,146 |
114,077 |
-22% |
121,598 |
145,679 |
-17% |
| ICE FX (5) |
38,950 |
24,416 |
60% |
41,260 |
31,767 |
30% |
| TOTAL FINANCIALS |
128,095 |
138,493 |
-8% |
162,858 |
177,445 |
-8% |
| TOTAL FUTURES & OPTIONS |
3,001,782 |
3,077,562 |
-2% |
3,501,998 |
3,540,283 |
-1% |
| Note: Figures may not foot due to rounding. |
||||||
| (1) "ICE Other Oil" includes futurized oil contracts, WTI, Heating Oil, RBOB Gasoline and Middle East Sour Crude. Excludes Daily Brent Bullet contracts. |
||||||
| (2) "ICE Emissions & Other" includes all emissions contracts, freight, coal and iron ore and uranium. |
||||||
| (3) "ICE Other Ags" includes Cocoa, Coffee "C", Cotton No. 2, Orange Juice, Corn, Wheat, Soybeans, Barley and Canola. |
||||||
| (4) "ICE Equity Index" includes the Russell 2000®, Russell 1000®, and the Continuous Commodity Index. |
||||||
| (5) "ICE FX" includes futures and options for the U.S. Dollar Index and foreign exchange. |
||||||
| *Historical energy volume has been adjusted to include new energy futures contracts. |
||||||
| ICE Futures Monthly and YTD Volume |
||||||
| Futures & Options Products |
Jul-13 |
Jul-12 |
Percent Change |
YTD Jul 2013 |
YTD Jul 2012 |
Percent Change |
| Energy* |
58,694,046 |
56,754,318 |
3% |
446,951,121 |
451,639,675 |
-1% |
| Agricultural |
4,527,053 |
4,966,130 |
-9% |
40,582,648 |
39,356,499 |
3% |
| Financials |
2,818,099 |
2,908,353 |
-3% |
23,777,309 |
25,907,011 |
-8% |
| TOTAL CONTRACTS |
66,039,198 |
64,628,801 |
2% |
511,311,078 |
516,903,185 |
-1% |
| *Historical energy volume has been adjusted to include new energy futures contracts. |
||||||
| Rolling Three-Month Average Rate per Contract (RPC) |
|||
|
Futures & Options Products |
Three Months Ending July 2013 |
Three Months Ending June 2013 |
Three Months Ending May 2013 |
| Energy |
$1.05 |
$1.04 |
$1.02 |
| Agricultural |
$2.54 |
$2.60 |
$2.56 |
| Financials |
$0.95 |
$0.96 |
$1.01 |
| ICE Futures & Options Open Interest |
||
| July 31, 2013 |
December 31, 2012 |
|
| Energy |
83,797,266 |
70,108,837 |
| Agricultural |
2,544,918 |
2,502,583 |
| Financials |
504,801 |
463,058 |
- Through July 26, ICE's CDS clearing houses have cleared $43 trillion in gross notional value on a cumulative basis across 1.4 million trades with open interest of $1.4 trillion. ICE Clear Credit has cleared $26 trillion in CDS resulting in open interest of $798 billion. ICE Clear Europe has cleared €13 trillion ($17 trillion) in CDS resulting in €484 billion ($643 billion) of open interest. Buy-side clearing of CDS totaled $322 billion in July and $1.8 trillion since the launch of client clearing at ICE Clear Credit in December of 2009. ICE lists approximately 400 CDS instruments for clearing. A complete summary of CDS clearing can be found at: https://www.theice.com/clear_credit.jhtml
- Trading days in July 2013
- ICE Futures Europe & U.S: 22
- ICE Futures Canada: 22
Note: As of October 15, 2012, ICE transitioned all of the open interest in OTC cleared energy swaps contracts to futures contracts. All futures volumes in the tables above have been adjusted to treat, on a pro forma basis, the OTC cleared energy swaps contracts as futures contracts for all periods prior to October 2012.
RPC is calculated by dividing transaction revenues by contract volume, and may vary based on pricing, customer and product mix.
Historical futures volume, rate per contract and open interest data can be found at: http://ir.theice.com/supplemental.cfm
About IntercontinentalExchange
IntercontinentalExchange (NYSE: ICE) is a leading operator of regulated exchanges and clearing houses serving the risk management needs of global markets for agricultural, credit, currency, emissions, energy and equity index products. www.theice.com
The following are trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies: IntercontinentalExchange, ICE, ICE and block design, ICE Futures Europe, ICE Clear Europe, ICE Clear Canada, ICE Clear US, ICE Futures U.S., and ICE OTC. 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.jhtml
Safe 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, 2012, as filed with the SEC on February 6, 2013.
ICE-CORP
(Logo: http://photos.prnewswire.com/prnh/20090727/CL51999LOGO )
SOURCE IntercontinentalExchange
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article