Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listing services, today announced that ICE Brent Crude futures achieved a daily volume record of 1,963,147 contracts on November 30, 2016. The previous daily volume record was 1,526,965 contracts on July 15, 2014.
Year to date, total contract volume for ICE Brent futures is 194,306,060 contracts and open interest stands at 2,273,281 contracts as at November 30, 2016. Open interest reached record levels in April 2016.
ICE Brent Crude remains the leading global benchmark for oil, with up to two thirds of the world’s oil priced off the Brent complex. Introduced in 1988, the Brent futures contract has continually evolved to reflect changing market fundamentals and the hedging requirements of market participants across the globe.
About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) operates a leading network of global futures, equity and equity options exchanges, as well as global clearing and data services across financial and commodity markets. The New York Stock Exchange is the world leader in capital raising, listings and equities trading.
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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, 2015, as filed with the SEC on February 4, 2016.