July, 2019

ICE Equity Derivatives Report

July 2019 Highlights
Emerging Market Single Stock Derivatives

Geopolitical uncertainty continues to drive Emerging Markets, with investors looking towards listed futures and options to manage their exposure. IFEU offers a comprehensive suite of flexible Single Stock Options (SSO), Single Stock Futures (SSF) and Dividend Adjusted futures (DASF) on Russian Depository Receipts (DRs). Since January over 370k lots have traded in Russian DR contracts like Rosneft, Sberbank and Gazprom. The full list of contracts can be found here.

Dividend Adjusted Stock Futures (DASF) are Single Stock Futures without the dividend risk. DASF are adjusted for all dividend payments, be they ordinary or special dividends, under the ICE Corporate Action Policy. ICE offer DASF on over 700 underlyings, covering 25 countries spanning Developed and Emerging markets. All DASF are denominated in the currency of the underlying security, which are available in 13 different currencies. YTD ADV for DASF is 7,000 lots.
ICE - The home of UK Equity Derivatives
Brexit and political transition have dominated British headlines, prompting moves in Cable that have focused investor attention on UK equities. FTSE options OI increased 24% YoY across the franchise and FTSE futures OI was up 22% YoY. IFEU successfully launched FTSE 250 Index Options on the Central Order Book, which have traded over 5,300 lots since the beginning of the month.

Key statistics:

NYSE® FANG+™: trade the top of the tech

  • FANG+ Futures ADV up 11% YoY
  • FANG+ Futures averaged 2,504 contracts/day in July
  • FANG+ Futures have recorded 5 straight months of volume gains

ICE: The leading venue for MSCI Index Futures

ICE is the sole venue to list MSCI Brazil Index Futures, with notional OI in IFEU's MSCI Brazil NTR* worth over $1.95 billion. ICE is also the leading venue in MSCI Sector Index Futures, with trading across our MSCI World, Europe and EMU Sector Futures up 14% YTD versus the same period last year. MSCI EMU Sector Futures launched in April and have traded over 77k since launch.

  • MSCI EM (BBG code: MESA) ADV up 13% YoY, OI up 25% YoY
  • MSCI EAFE (BBG code: MFSA) ADV up 33% YoY, OI up 13% YoY
* CFTC approved
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MSCI Index Futures

FTSE 100 Futures

FTSE 100 Options

FTSE 250 Index Futures

FTSE 100 RDSA Dividend

FTSE 100 Weekly Options

Single Stock Options

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)”.
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