Movement Alert|Intercontinental Exchange Intraday Rise 3.02% in Regular Trading, Brent Options Trading Hit a Quarterly Record

Market Focus10-22

On October 22, Intercontinental Exchange rose 3.02% in Regular Trading, trading at $162.51 per share, with turnover of $130 million.

The move coincided with company disclosures showing notably stronger energy derivatives activity, led by record third-quarter ICE Brent options trading.

Third-quarter Brent options volume reached 28 million contracts, with average daily volume above 437,200 contracts, up 63% year to date, while open interest increased 18% from a year earlier to 4 million contracts. Average daily volume across ICE Brent futures and options rose 23% year to date, indicating sustained client demand for hedging oil-price exposure. Earlier, the company also reported a 51% year-over-year rise in September total average daily volume, reinforcing momentum in its exchange franchise ahead of its next earnings report on October 29.

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