IntercontinentalExchange reports futures volume and OTC commissions for July 2008; OTC average daily commissions increase 50% (ICE) 96.20 : ICE reported growth in volume and commissions for the month of July. Futures average daily volume in July 2008 was flat versus July 2007, and OTC commissions increased 50% over July 2007. July 2008 volume for all ICE Futures contracts totaled 17,123,427, a 5% increase over 16,361,324 contracts in July 2007; ADV for all ICE Futures contracts was 752,868. A.D.V. at ICE Futures Europe was 540,552 contracts in July 2008, roughly flat compared to July 2007. Average daily commissions for ICE's global OTC business rose 50% to $1.3 mln in July 2008, exceeding $1 mln for the seventh consecutive month. The three-month rolling average rate per contract for the period ended July 2008 was $1.21. RPC averaged $1.21 for each of the three-month periods ended June 2008 and May 2008. The three-month rolling average RPC for the July 2008 was $2.22 for agricultural futures and options. R.P.C. averaged $2.21 and $2.13 for the three-month periods ended June 2008 and May 2008, respectively. In July 2008, ICE's average daily commissions were $1,252,180, an increase of 50% compared to $834,888 in July 2007
[briefing.com] |
