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Article: IntercontinentalExchange Reports Solid May Volume Growth Including Record Monthly Volume for ICE Futures Europe; OTC Average Daily Commissions Increase Nearly 70% to $1.2 Million.
- Article from:
- PR Newswire
- Article date:
- June 3, 2008
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ATLANTA, June 3 /PRNewswire-FirstCall/ -- IntercontinentalExchange , a leading operator of global derivatives exchanges and over-the- counter (OTC) markets, today reported solid growth in volume and commissions for the month of May. Average daily volume (ADV) in futures during May rose 20%, and OTC commissions increased 68% over May 2007.
-- Total ADV for all ICE Futures contracts reached 872,555 in May 2008
compared to 724,991 in May 2007.
-- ADV at ICE Futures Europe(TM) reached 643,339 contracts in May 2008, an
increase of 25% over May 2007; an exchange-wide monthly volume record
was achieved, including a monthly volume record in the ICE ...