Intercontinental Exchange, a company providing financial technology and data services, set a record in October for volume with a record 209 million contracts traded across futures and options.
Commodity and energy trading also set a record in October, reaching 117 million commodity and 108 million energy futures and options contracts traded.
Interest rate trading reach a record 85 million futures and options traded.
“The extent of trading activity during October highlights the depth, breadth and liquidity of the global exchange network we have built over the last two decades and the unique role that benchmarks such as Brent and Euribor play in underpinning the management of risk across markets,” Trabue Bland, ICE Futures Markets senior vice president, said. “Against a backdrop of risk and uncertainty across multiple fronts geographically, customers are utilizing the combination of the liquidity and precision of our global benchmarks and related contracts to manage risk.”
The previous record volume month was March 2020.
Intercontinental Exchange’s clearing houses and futures, equity, and options exchanges help people invest, raise capital and manage risk. It offers markets to trade and clear energy and environmental products as well as analytics, data services and execution capabilities provide information, fixed income, and loan production, closing, registration and servicing.