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ICE Announces That a Record 2 Billion Contracts Traded in 2024

1. ICE reached record 2 billion futures and options traded in 2024. 2. Commodity contracts hit record 1.2 billion, including 655 million oil contracts. 3. Natural gas futures saw 404 million contracts traded, marking significant growth. 4. Interest rate markets achieved record volumes, notably 467 million Euribor contracts. 5. ICE's diverse offerings enhance risk management for global customers.

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FAQ

Why Very Bullish?

Record trading volumes highlight ICE's market strength and growth potential, boosting investor confidence.

How important is it?

Record trading volumes indicate a major milestone for ICE, likely enhancing its market value.

Why Long Term?

Sustained trading growth suggests lasting impact on ICE's market position and profitability.

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ICETTFBrentSONIA
LONDON & NEW YORK & AMSTERDAM--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that a record 2 billion futures and options traded on ICE in 2024, marking the highest volume year in ICE’s history, including a record 1.2 billion commodity contracts and a record 753 million interest rate derivatives contracts. ICE is home to the largest and most liquid energy derivatives markets in the world. 2024 marked the largest volume year for the number of oil contracts traded on ICE with a record 655 million oil futures and options contracts traded, including a record 346 million Brent futures and options, a record 92.8 million Gasoil futures and options contracts, 21 million ICE Dubai (Platts) futures and options contracts and 6 million ICE Murban futures contracts. ICE’s global oil offering sits alongside the broadest range of benchmarks to support natural gas markets offering customers margin offsets for maximum capital efficiency when trading. 2024 saw record natural gas trading on ICE, with 404 million natural gas futures and options contracts traded, including a record 93 million ICE TTF futures and options contracts and a record 53 million U.S. financial natural gas futures and options contracts. ICE’s U.S. financial gas markets cover 70 hubs across North America allowing customers to manage regional supply and demand dynamics. “We thank our customers for making 2024 the best year in ICE’s history by futures and options trading volume, which shows the scale of risk management which derivatives markets support,” said Trabue Bland, SVP of Futures Markets at ICE. “We have worked for over 25 years to build out the scope and depth of ICE’s multi-asset and multi-geography offering to allow for both flexibility and precision trading from wherever in the world customers choose to trade on ICE.” Meanwhile, ICE’s multi-currency European, U.K. and Swiss interest rate markets, including the benchmarks Euribor, €STR, SONIA and SARON as well as Gilts, the benchmark for the U.K. government bond yield curve, reached record traded volume in 2024. This included a record 467 million Euribor futures and options contracts and a record 186 million SONIA futures and options contracts. About Intercontinental Exchange Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges – including the New York Stock Exchange – and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines and automates industries to connect our customers to opportunity. Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).” Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the SEC on February 8, 2024. Category: EXCHANGES ICE-CORP Source: Intercontinental Exchange

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