Intercontinental Exchange has reported a new daily volume record of 3.35 million contracts for the Three Month Sterling (Short Sterling) futures contract set on 15 June, 2017. The previous record was 2.89 million contracts set in June 2014.
On 13 June, ICE’s FTSE 100 Index futures contract traded over one million contracts for the first time since its launch in 1984, setting a new daily volume record of 1.14 million contracts. The previous record was 862,468 contracts set in March 2014.
The records follow an increased focus on the UK following the recent general election. In addition, despite no change to the rate, yesterday’s Bank of England meeting showed a larger than usual split for the votes in favour of a Base Rate increase.
ICE offers a comprehensive range of financial futures and options contracts enabling customers to hedge against exposure to market volatility.
