Intercontinental Exchange Announces Record Trading of NYSE FANG+ Index Futures Contract for Two Consecutive Days
ATLANTA & NEW YORK--(BUSINESS WIRE)--
Intercontinental Exchange (NYSE:ICE), a leading operator of global
exchanges and clearing houses and provider of data and listings
services, today announced a record trading week for the NYSE FANG+TM
Index futures contract. With average daily volume of 3,278 contracts
last week and record daily volume on Friday, February 2, of 7,884
contracts, last week saw record volumes for the new contract over two
consecutive days amid increased market volatility.
NYSE FANG+ Index futures are based on the NYSE FANG+ Index, and designed
to offer hedging, exposure and the capital efficiency of futures to a
select group of highly-traded growth stocks of tech-enabled companies.
The NYSE FANG+ Index is equally weighted and includes the five core FANG
stocks - Facebook, Apple, Amazon, Netflix and Google (Alphabet) - plus
another five actively-traded technology growth stocks - Alibaba, Baidu,
NVIDIA, Tesla and Twitter. It is calculated and disseminated through the ICE
Data Global Index Feed under the symbol “NYFANG.”
About Intercontinental Exchange
Intercontinental
Exchange (NYSE:ICE) is a Fortune 500 company that operates a leading
network of global futures,
equity and equity options exchanges, as well as global
clearing and data
services across financial and commodity markets. The New
York Stock Exchange is the world leader in capital raising, listings
and equities trading.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.
Information regarding additional trademarks and intellectual property
rights of Intercontinental Exchange, Inc. and/or its affiliates is
located at http://www.intercontinentalexchange.com/terms-of-use.
Key Information Documents for certain products covered by the EU
Packaged Retail and Insurance-based Investment Products Regulation can
be accessed on the relevant exchange website under the heading “Key
information Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995 -- Statements in this press release regarding ICE’s business
that are not historical facts are “forward-looking statements” that
involve risks and uncertainties. For a discussion of additional risks
and uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see ICE’s Securities and
Exchange Commission (SEC) filings, including, but not limited to, the
risk factors in ICE’s Annual Report on Form 10-K for the year ended
December 31, 2016, as filed with the SEC on February 7, 2017.
SOURCE: Intercontinental Exchange
ICE-CORP

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ICE Media Contact:
Damon Leavell
+1 212 323 8587
damon.leavell@theice.com
ICE
Investor Relations Contact:
Warren Gardiner
+1 770 835 0114
warren.gardiner@theice.com
Source: Intercontinental Exchange