ICE’s June Volumes Surge on Brexit Volatility, FX at Yearly Highs

[kreslik.news]

Intercontinental Exchange (NYSE: ICE), an international network of exchanges and clearing houses, has released its latest aggregated monthly volumes for June 2016, which saw an abrupt reversal across virtually every component of its business, according to an ICE statement.

For the month ending June 2016, ICE’s futures and options business, as characterized by its average daily volume (ADV) was reported at 5.4 million per day, which represented a gain of 24.7% MoM from 4.3 million contracts per day in May 2016 – this snapped four straight months of diminishing volumes in this space and its highest figure since February 2016.

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