Intercontinental Exchange Reports March and First Quarter 2023 Statistics

Staff Report

Thursday, April 6th, 2023

Intercontinental Exchange, Inc., a leading global provider of data, technology and market infrastructure, today reported March 2023 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.

“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 benchmarks.”

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 Natural Gas ADV up 12% y/y; OI up 13% y/y, including record futures OI of 19.2M lots on March 28
North American natural gas ADV up 15% y/y; OI up 16% y/y, including record futures OI of 17.5M lots on March 28
Total Ags & Metals ADV up 17% y/y; OI up 13% y/y
Sugar ADV up 12% y/y; OI up 16% y/y
Cocoa ADV up 31% y/y; OI up 24% y/y, including record futures OI of 697k lots
Cotton ADV up 12% y/y
Total Financials ADV up 30% y/y
Total Interest Rate ADV up 43% y/y
Euribor ADV up 53% y/y, including record futures ADV of 1.8M lots; OI up 3% y/y
SONIA ADV up 23% y/y
FTSE ADV up 12% y/y
NYSE equity options ADV up 7% y/y
First quarter highlights include:

Total ADV up 4% y/y
Total Natural Gas ADV up 10% y/y
North American natural gas ADV up 14% y/y
Total Ags & Metals ADV up 18% y/y
Sugar ADV up 22% y/y
Record Cocoa ADV up 14% y/y
Cotton ADV up 14% y/y
Total Financials ADV up 13% y/y
Total Interest Rate ADV up 18% y/y
Euribor ADV up 25% y/y, including record futures ADV of 1.5M lots
Record SONIA ADV up 12% y/y
NYSE equity options ADV up 6% y/y