ICE Equity
Derivatives
December 2021 Highlights
ICE: The Home of U.K. Equity Derivatives
▲12% YoY
2021 ADV up 12% YoY to 2.1k lots - Vast improvements to on-screen liquidity seen during 2021 to aid this volume growth
▲39% YoY
Trade at Index Close (TIC) volumes up 39% YoY. With a more granular tick size than the outright futures TIC allows investors to get closer to the daily benchmark close
▲19% YoY
U.K. Single Stock Options
2021 ADV up 19% YoY
▲65% YoY
Canadian Single Stock Futures
2021 ADV up 65% YoY - trading hours extended to 21:30 London time to capture full trading day of underlying market
▲600% YoY
Norwegian Single Stock Futures
2021 ADV up 600% YoY
FTSE 250 Index Futures Screen/Block Split
ICE MSCI Index Futures
In 2021, ICE continued to be the leading venue globally, in terms of volumes and open interest, for MSCI Index Futures
73% market share
ICE has over 73% market share in volumes and 60% market share in notional open interest (OI)
▲250% YoY
Strong growth throughout 2021 with Q4 seeing a 250% YoY increase in ADV
Record OI
MSCI Index Futures
Record OI in MSCI EM Asia ($10.9bn notional), MSCI Japan ($5.46bn notional) and MSCI EM EMEA ($1.4bn notional)
- On Dec. 13, a record 1,947,134 lots traded across the ICE MSCI complex, surpassing the previous record of 1,812,599 set on March 15
- MSCI Emerging Markets (MME) - a record 1,371,392 lots traded beating the previous record of 1,235,557 lots set on March 15, 2021
- MSCI EAFE (MFS) - a record 455,493 lots traded beating the previous record of 448,669 lots set on March 15th, 2021
- Strong volume growth in MSCI EM Asia, MSCI Japan, MSCI EM EMEA, MSCI EM LatAm and MSCI Europe Index Futures seen in 2021 - significant margin efficiencies offered against MSCI EM and MSCI EAFE Index Futures
2021 growth in ICE MSCI Futures
Coming up in early 2022
- Introduction of new Risk Model on ICE US, more information can be found here or contact the Equity Derivatives team on equities@ice.com
- ICE Futures U.S. to launch four MSCI Climate Paris Aligned Index Futures Contracts, see press release here
MSCI ESG Leaders Complex Quarterly ADV
ICE Index Futures
MICRO NYSE FANG+™ Index Futures
- In November, MICRO NYSE FANG+™ Index Futures averaged 6,242 contracts per day
- Micro NYSE FANG+ Index futures set a record quarterly volume in Q4 averaging 7,095 contracts per day. Q4 volume was up 46% vs. volume for the 1st three quarters of 2021
- Microsoft Corp. (MSFT) was added to the FANG+ Index as part of the 4th quarter rebalancing
NYSE MICRO FANG + Futures ADV and OI Quarterly
Connect with ICE
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