ICE Sees Double Digit ADV Losses Across Key Assets, FX Rebounds
Posted: Mon Apr 04, 2016 1:43 pm
Intercontinental Exchange (NYSE: ICE), a global network of exchanges and clearing houses, has released its volumes for the month ending March 2016, having finally seen some manner of rebound across its foreign exchange (FX) average daily volumes (ADV), according to a recently released ICE statement.
During March 2016, futures and options ADV came in at 4.9 million per day, which constituted a loss of -16.9% MoM from 5.9 million contracts per day in February 2015, marking the second such month the exchange has seen sizable losses in this area. Conversely, over a yearly timeframe, March 2016’s ADV did ... (read more)