Oil and natural gas volumes on ICE platforms fell in April compared with the previous year
Oil and natural gas volumes on
IntercontinentalExchange’s (ICE) US and European
platforms both fell in April compared with the previous year,
writes Joe Parsons.
Energy derivatives on ICE Futures US dropped 41%, in
comparison to the same month last year, to 25.7m.
The case was the same with ICE Futures Europe where volumes
fell 21% to 24.2m, according to FOW data.
ICE’s Henry Hub Financial LD1 future, its most
actively-traded product on its US platform, declined
dramatically by 62% from 22.5m in April 2013 to just 8.6m this
month, and the Brent crude monthly future, the most traded
contract on its European exchange, fell 27% from 16.6m to
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