ICE Reports Record Two Billion Derivatives Contracts Traded in 2024

Intercontinental Exchange (ICE) achieved record trading volumes in 2024, with two billion futures and options contracts traded across its platforms, including all-time highs in both commodity and interest rate derivatives.

The exchange operator saw 1.2 billion commodity contracts traded, led by record oil volumes of 655 million contracts. This included 346 million Brent crude futures and options contracts, and 92.8 million Gasoil derivatives.

Natural gas trading reached 404 million contracts, with records in both TTF gas futures and options at 93 million contracts, and U.S. financial natural gas at 53 million.

"We thank our customers for making 2024 the best year in ICE's history by futures and options trading volume, which shows the scale of risk management which derivatives markets support," said Trabue Bland, SVP of Futures Markets at ICE.

Interest rate derivatives trading hit 753 million contracts, driven by record volumes in European rates products. Euribor futures and options reached 467 million contracts, while sterling SONIA derivatives hit 186 million.

ICE, listed on the New York Stock Exchange, operates major derivatives exchanges and clearing houses globally, alongside its data services and mortgage technology businesses.