ICE Reports Record Futures Open Interest of 46.9 Million Contracts
February 23 2021 - 8:30AM
Business Wire
OI record in Brent Futures of 2.76
million
Sterling Futures and Options OI record of
19.9 million
Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator
of global exchanges and clearing houses and provider of mortgage
technology, data and listings services, announced record Total
Futures Open Interest on February 19, 2021.
ICE’s Brent futures contract, which serves as the global
benchmark for crude oil, reached an all-time Open Interest record
of approximately 2.76 million contracts on February 19, exceeding
the previous record set in April 2020. Approximately 80% of the
world’s traded crude is priced relative to Brent.
ICE’s Three Month Short Sterling contract, which is the
benchmark for managing UK interest rate risk, set a record for
total Open Interest of more than 19.9 million contracts across
Futures and Options on February 19.
“These records reflect the extraordinary depth of liquidity that
our global futures network offers,” said Ben Jackson, President of
Intercontinental Exchange. “From global interest rates, to energy
markets, to environmental markets, our solutions and technology
connects customers every day to an extensive range of efficient and
transparent risk management tools.”
About Intercontinental Exchange
Intercontinental Exchange
(NYSE: ICE) is a Fortune 500 company and provider of marketplace
infrastructure, data services and technology solutions to a broad
range of customers including financial institutions, corporations
and government entities. We operate regulated marketplaces, including the New York Stock Exchange, for the listing,
trading and clearing of a broad
array of derivatives contracts and financial securities across
major asset classes. Our comprehensive data services offering supports the
trading, investment, risk management and connectivity needs of
customers around the world and across asset classes. As a leading
technology provider for the U.S. residential mortgage industry,
ICE Mortgage Technology
provides the technology and infrastructure to transform and
digitize U.S. residential mortgages, from application and loan
origination through to final settlement.
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, 2020, as
filed with the SEC on February 4, 2021.
ICE- CORP Source: Intercontinental Exchange
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ICE Media Contact: Rebecca Mitchell Rebecca.Mitchell@theice.com +44 7951 057
351
ICE Investor Contact: Warren Gardiner Warren.Gardiner@theice.com 770-835-0114
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