ICE FX ADV Cannot Hold Onto Recent Gains, Falls Double-Digits MoM

[kreslik.news]

Intercontinental Exchange (NYSE: ICE), a global network of exchanges and clearing houses, has just reported its volumes for January 2016, having seen a marked retreat across its foreign exchange (FX) average daily volume (ADV), according to a recently released ICE statement.

For the month ending January 2016, futures and options ADV came in at 6.1 million per day, which constituted a rise of 29.8% MoM from 4.7 million contracts per day in December 2015, easing last month’s losses and overcoming what had been several months of uneven figures. Moreover, over a yearly timeframe, January 2016’s volumes also ... (read more)