IntercontinentalExchange reports January derivatives ADV down 8% to 10.4M IntercontinentalExchange Group reported exchange traded volumes for January, stating that average daily volume, ADV, for global derivatives was 10.4M contracts, a decrease of 8% compared to January 2013. Total commodities ADV increased 15% driven by strength in natural gas and agriculture contract volume. Total financial ADV declined 24% primarily due to lower volatility in European interest rates relative to the strong volumes in January 2013 as a result of the long term repo operation repayment. This was partially offset by a 20% increase in equity index ADV driven by volatility in the equity markets. January U.S. cash equities ADV declined 2% and European cash equities ADV increased 22% from the prior January.
IntercontinentalExchange completes Liffe transition to ICE Intercontinental Exchange announced that it has successfully completed the Liffe futures and options transition to ICE Futures Europe. The final phase of the Liffe transition was completed with the equity derivatives complex transferring to the ICE platform, following the previous migrations of European interest rate derivatives and soft commodity contracts.