ICE FX Volumes Rebound in June, But Down YoY

[kreslik.news]

As ups and down on foreign exchange markets intensified in volatile trade in recent weeks, exchange operators also continue to reap some benefits.

Intercontinental Exchange (NYSE:ICE) today disclosed mixed metrics across its FX and credit volumes, which averaged 34,000 contracts per day. The figure reflected a 10.0 percent increase month-over-month from just 31,000 contracts in May 2018, which saw a 28 percent drop relative to the prior month. However, the exchange operator registered a -6 percent loss in volumes when compared to 36,000 contracts in June 2017.

The overall financial results, which also include interest rates and equity ... (read more)