Intercontinental Exchange reports total March ADV up 15% y/y

Intercontinental Exchange reported March 2023 trading volume and related revenue statistics. "ICE has seen a strong performance from its commodity, energy and financial markets this year, witnessing volume activity in benchmarks that has not been seen for over a decade," said Ben Jackson, President at ICE. "Time and again during periods of stress and uncertainty, derivatives markets demonstrate their reliability to participants needing to manage their exposure to risk, with ICE offering deeply liquid markets across a multitude of asset classes and March highlights include: Total average daily volume ADV up 15% y/y . Energy ADV up 2% y/y; open interest (OI) up 8% y/y, including record OI of 49.0M lots on March 24 Total Financials ADV up 30% y/y.