Intercontinental Alternate, Inc. (NYSE:ICE) at this time introduced document open curiosity (OI) throughout its international commodity and power futures and choices markets, in addition to document quantity throughout commodity and power choices.
On October 25, 2023, ICE hit document OI of 56.3 million contracts throughout commodities futures and choices, together with document OI of 51.5 million contracts in power futures and choices. In the meantime, ICE reached document quantity in commodity and power choices throughout October with roughly 16 million commodity choices traded, together with a document 14.3 million power choices.
ICE gives clients essentially the most liquid markets to commerce power derivatives and is residence to Brent crude, which is used to cost over three quarters of the world’s internationally traded crude oil and is essentially the most liquid futures and choices markets on the planet.
Volumes throughout ICE’s international oil choices markets hit a document of roughly 6.8 million contracts in October, with volumes up 93% year-over-year (y/y). Brent crude choices are essentially the most liquid crude oil choices contract globally and traded a document 5.7 million contracts throughout the month with document common day by day quantity of 257,000 contracts, up 85% y/y.
Open Curiosity throughout ICE’s international pure fuel futures markets reached a document 19.8 million contracts on October 26, 2023, whereas volumes in ICE’s TTF futures market, the worldwide benchmark for pure fuel, hit a document 6.4 million contracts throughout October, with volumes up 127% y/y.
As of the third quarter 2023, ICE’s pure fuel and environmental markets mixed type over 40% of ICE’s power complicated, rising 17% on common over the previous 5 years.
In the meantime, OI throughout ICE’s agricultural portfolio, which incorporates benchmark Sugar, Cocoa, Espresso, Cotton, Canola and Frozen Concentrated Orange Juice markets, has hit constant information by the 12 months reaching a document 4.95 million contracts on November 2, 2023.