Intercontinental Exchange Reports Weak Metrics for March, FX Volumes Advance MoM
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Intercontinental Exchange Reports Weak Metrics for March, FX Volumes Advance MoM
Intercontinental Exchange (NYSE:ICE), a global network of exchanges and clearing houses, has reported its latest aggregated volumes for the month ending March 2018, which were characterized by mixed results across its FX business, according to an ICE statement.
During the reported month, ICE’s March average daily volume (ADV) for futures and options business was reported at 5.9 million contracts per day, which corresponded to a drop of -12 percent month-over-month from 6.7 million per day in February 2018. In addition, this latest figure marks an -11.3 percent loss over March 2017 which came in at 6.6 million contracts per day.
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