ICE FX Volumes Show Strong Rebound in May 2018
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ICE FX Volumes Show Strong Rebound in May 2018
Intercontinental Exchange (NYSE:ICE), a global network of exchanges and clearing houses, has reported its latest aggregated volumes for the month ending May 2018, which were characterized by improved results across its FX business, according to an ICE statement.
During the reported month, ICE’s May average daily volume (ADV) for futures and options business was reported at 6.54 million contracts per day, which corresponded to an advance of 20 percent month-over-month from 5.45 million per day in April 2018. Also, this latest figure marks a 18.6 percent gain over May 2017 which came in at 5.5 million contracts per day.
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