"LONDON-(BUSINESS WIRE)-Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that ICE's interest rate derivatives markets hit record open interest (OI) of 42.3 million contracts on February 11, 2026, up 45% year-over-year (y/y), as ICE's total OI across its futures and options markets hit a record 116.5 million. ICE SONIA futures and options - the benchmark for managing U.K. interest rate risk - hit record OI of 15.4 million on February 11, 2026,"
"Meanwhile, ICE's MPC Dated SONIA futures, a cash settled future based on the interest rate accrued over a Bank of England Monetary Policy Meeting period, is seeing increased use by market participants who want to more precisely trade around central bank meeting dates, utilizing the margin offsets available when trading and clearing alongside ICE SONIA. On January 29, 2026, OI in MPC Dated SONIA futures surpassed 51,000 contracts for the first time."
ICE's interest rate derivatives markets reached record open interest (OI) of 42.3 million contracts on February 11, 2026, a 45% year-over-year increase, and total OI across futures and options reached 116.5 million. ICE SONIA futures and options recorded OI of 15.4 million on February 11, 2026, including 11.7 million SONIA options, with OI up 63% and 70% respectively; January 2025 saw record SONIA options trading and average daily volume of 426,000 contracts. MPC Dated SONIA futures are being used more to trade around Bank of England meeting dates, with OI surpassing 51,000 contracts on January 29, 2026. Gilts OI rose 21% to 1.2 million, and Euribor OI reached 22.7 million, up 33% year-over-year.
Read at Silicon Canals
Unable to calculate read time
Collection
[
|
...
]