ICE U.K. Equity Derivatives Close the Year on a High Note
The lockdown introduced in November in the U.K. was extended for many areas into December and beyond. Further news of a more infectious strain of COVID-19 added to the pre-Christmas gloom in markets. In other news, a Free Trade Agreement was finalized between the European Commission and the U.K, ending 4.5 years of negotiation between the two parties.
ICE U.K. Equity Derivatives had a strong 2020 despite the year’s challenges, with FTSE 100 Futures volumes up 10% YoY, the FTSE 100 RDSA Dividend Index Futures volumes up 127% YoY and the FTSE 250 Futures volumes up 2% YoY.
The new FTSE 100 & 250 Trade at Index Close (TIC) Futures Contracts have been embraced by the market with volumes up 89% in the FTSE 100 TIC to 32,000 YTD and volumes up 540% in the FTSE 250 TIC. To find out how these contracts work, see our FAQ.