IntercontinentalExchange March Average Daily Volume Falls 16% - Quick Facts

(RTTNews) - IntercontinentalExchange Group (ICE), a global network of exchanges and clearing houses, Thursday said its average daily volume or ADV decreased 16 percent for March and 13 percent for the first quarter, compared to the prior-year periods.

Commodity futures and options ADV decreased 15 percent year to year in March on lower natural gas and Brent volume.

First-quarter commodity ADV increased 2 percent on a 25 percent increase in sugar volume while energy volume was flat due to lower price volatility in the quarter.

Financial futures and options ADV declined 17 percent in March and 26 percent in the first quarter, driven by short-term interest rate products due to continued low volatility. March medium & long-term interest rate ADV increased 10 percent.

In March, NYSE's U.S. cash equities ADV increased 5 percent and Euronext's European cash equities ADV increased 13 percent, and U.S. options volume declined 2 percent year to year.