Intercontinental Exchange (ICE) reported record open interest in interest rate derivatives, highlighting increased activity in UK and European markets.

Intercontinental Exchange (ICE) has reported record open interest across its interest rate derivatives markets, reflecting increased activity in UK and European rates products. Open interest in UK government bond futures (Gilts) rose 21% year-on-year  On 11 February, open interest (OI) in ICE’s interest rate derivatives reached 42.3m contracts, up 45% year-on-year. Total OI across all ICE futures and options markets hit a record 116.5m contracts. ICE’s Sterling Overnight In