ICE’s FX, Futures Volumes Plunge in July in Spite of Mounting Volatility
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ICE’s FX, Futures Volumes Plunge in July in Spite of Mounting Volatility
Intercontinental Exchange (NYSE: ICE), a global network of exchanges and clearing houses, has disclosed its trading volumes for July 2017. Despite an uptick in volatility, futures and options volumes incurred a sizable plunge, part of a broader pullback of volumes across the institutional space.
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July 2017 proved highly favorable for markets looking for a catalyst – in this respect the USD happily obliged, falling to multi-year lows vs. several majors. Helped my myriad US scandals – a recurring theme facing the Trump administration – markets abstained from a traditionally sleepy July. That ... (read more)
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