Intercontinental Exchange, Inc. announced on October 23, 2024, record activity across its interest rate derivatives markets during the third quarter of 2024. The company reported over 190 million contracts traded in this segment.
This volume surpassed the previous record set in the first quarter of 2020, highlighting a significant increase in market participation and hedging activity. The strong performance reflects the demand for ICE's financial risk management tools.
The record trading volumes in interest rate derivatives are a key driver of revenue for ICE's Exchanges segment. This achievement reinforces ICE's position as a leading provider of global financial markets infrastructure.
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