NEW YORK, U.S. – Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges, clearing houses and data services, has announced that ICE Futures U.S. achieved daily volume records in cocoa futures and cocoa options with 87,195 contracts and 29,211 contracts traded respectively on January 20, 2016.
The previous record for cocoa futures was set on June 6, 2013 with 82,659 contracts traded; and the previous record for cocoa options was set on October 15, 2015 with 23,242 contracts traded.
The ICE Futures U.S. soft commodity offering provides market participants in the agriculture industry with tools to manage the price risk associated with crop production, weather patterns and changes in supply and demand.
As well as offering cocoa, ICE Futures U.S. is home to a range of global agricultural commodity benchmark contracts including coffee “C”®, cotton no. 2®, frozen concentrated orange juice, sugar no. 11® and world cotton.