ICE Reports Daily Futures Volume for January

Feb 04, 2013, 08:30 ET from IntercontinentalExchange

ATLANTA, Feb. 4, 2013 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, today reported futures volume for January 2013. ICE's average daily volume (ADV) for futures and options was 3,478,414 contracts, a decrease of 15% from the prior January. Total contract volume in January 2013 was 73 million contracts. All prior period contract volumes have been adjusted to include the converted futures contracts, which previously traded in ICE's OTC markets.

January 2013 Review

  • ICE received regulatory approval to provide portfolio margining relief for buy-side clearing of certain CDS, and ICE Clear Credit plans to launch clearing of North American single names and Latin American sovereigns and portfolio margining for the buy-side in the current quarter.
  • ICE announced the February 11 launch of 16 new energy contracts to include new global oil, iron ore and China coal futures products.
  • Volume records were set in January in ICE RBOB and Newcastle Coal futures, and open interest records were set in ICE Brent crude futures, Heating Oil futures, Cocoa futures and WTI options.

ICE Futures Contracts & Markets ADV

ADV

January

2013

ADV

January

2012

ADV

% Change

ICE Brent

676,136

576,497

17.3

ICE Gasoil

289,685

290,488

-0.3

ICE Other Oil (1)*

261,746

207,575

26.1

   ICE OIL

1,227,566

1,074,560

14.2

ICE Natural Gas*

1,307,297

2,190,859

-40.3

ICE Power*

512,328

394,398

29.9

ICE Emissions & Other (2)

45,326

39,984

13.4

   TOTAL ENERGY

3,092,516

3,699,801

-16.4

ICE Sugar

131,552

121,301

8.5

ICE Other Ags (3)

131,578

106,429

23.6

   TOTAL AGRICULTURAL

263,130

227,730

15.5

ICE Equity Index (4)

90,054

120,068

-25.0

ICE FX (5)

32,712

25,818

26.7

   TOTAL FINANCIALS

122,767

145,886

-15.8

   TOTAL FUTURES & OPTIONS

3,478,414

4,073,418

-14.6

(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®, the Continuous Commodity Index.

(5) "ICE FX" includes futures and options for the U.S. Dollar Index and foreign exchange.

*Historical volume has been adjusted to include new energy futures contracts

ICE Futures Monthly Volume

January 2013

January 2012

Percent Change

Energy*

64,942,846

73,996,027

-12.2

Agricultural

5,545,159

4,572,818

21.3

Financials

2,578,103

2,917,717

-11.6

TOTAL CONTRACTS

73,066,108

81,486,562

-10.3

*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

January 2013

Three Months

Ending 

December 2012

Three Months

Ending

November 2012

Energy*

$1.08

$1.07

$1.08

Agricultural*

$2.54

$2.47

$2.43

Financials

$1.04

$1.00

$1.01

*Historical energy RPC has been adjusted to include new energy futures contracts and agricultural RPC has been adjusted to include Canadian contracts

ICE Futures & Options Open Interest

January 31, 2013

December 31, 2012

Energy*

73,906,689

70,108,837

Agricultural

2,877,171

2,502,583

Financials

492,283

463,058

*Historical energy open interest has been updated to include new energy futures contracts

  • Through January 25, ICE's CDS clearing houses have cleared $37 trillion in gross notional value on a cumulative basis across 1.16 million trades. ICE Clear Credit has cleared $2.2 trillion in single-name CDS resulting in open interest of $737 billion. ICE Clear Europe has cleared €1.6 trillion ($2.1 trillion) in single-name CDS resulting in €362 billion ($484 billion) of open interest. ICE lists 375 CDS instruments for clearing. A complete summary of CDS clearing can be found at: https://www.theice.com/clear_credit.jhtml
  • Trading days in January 2013
    • ICE Futures Europe & U.S: 21
    • 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 and OTC commission 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. ICE serves customers in more than 70 countries. 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, 2011, as filed with the SEC on February 8, 2012 and ICE's Quarterly Reports on Form 10-Q for the quarter ended June 30, 2012, as filed with the SEC on August 1, 2012, and the quarter ended September 30, 2012, as filed with the SEC on November 5, 2012.  

ICE-CORP

(Logo: http://photos.prnewswire.com/prnh/20090727/CL51999LOGO )

SOURCE IntercontinentalExchange



RELATED LINKS

http://www.theice.com