ICE sees record OI in Euribor options

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The Intercontinental Exchange (ICE) recorded record open interest in Euribor options on 1 June.

The exchange reported that open interest in ICE Euribor futures and options reached 27,296,787 contracts. Within this, 21,885,099 were options contracts – beating a more than 15-year record set on 15 March 2010.

Last month, ICE named Penny Cheung as head of interest rate derivatives.

READ MORE: Cheung promoted at ICE

More broadly, total interest rates futures and options open interest at ICE was at a record 51,097,820 contracts on 1 June.

By contrast, options on Eurex’s three-month Euribor futures recorded open interest of 25,390 on the same day. Three-month futures had open interest of 485,633.

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