ICE: September total average daily volume up 29%,open interest up 16% y/y

Intercontinental Exchange, reported September 2024 trading volume and related revenue statistics…”ICE began building a global multi-asset network of exchanges and markets over two decades ago, and this past quarter we witnessed record trading across commodities, specifically in our global energy markets, as well as interest rate derivatives,” said Ben Jackson, President of ICE. “Notably, Brent futures and options, used to price three quarters of the world’s internationally traded crude oil, traded at record quantities in the last quarter, solidifying its role as the global benchmark price for oil.” September highlights include: Total average daily volume (ADV) up 29% y/y; open interest (OI) up 16% y/y; Record Energy ADV up 24% y/y; OI up 21% y/y; Total Oil ADV up 13% y/y; OI up 13% y/y; Total Natural Gas ADV up 45% y/y; OI up 24% y/y: Total Financials ADV up 40% y/y; OI up 14% y/y…