Intercontinental Exchange Sets Record Open Interest in Futures and Options Markets
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2026
0mins
Intercontinental Exchange announced record open interest across its total futures and options markets including record OI across ICE's financial derivatives markets. On May 14, 2026, OI across ICE's total futures and options reached record OI of 128 million contracts, up 24% year-over-year. On the same day, ICE's financial derivatives complex hit record OI of 54 million contracts, up 54% y/y. This includes record OI of over 50 million interest rate futures and options, up 60% y/y, with ICE SONIA futures and options, the benchmark for managing U.K. interest rate risk, reaching record OI of 19.6 million contracts, up 104% y/y. OI across ICE Euribor futures and options, the benchmark for managing short-term euro-related interest rate risk, is up 37% y/y at 26 million contracts, while OI in ICE EUR STR reached a record 2.9 million contracts on May 14, 2026, highlighting the growing demand for the combination of Euribor and EUR STR markets. EUR STR reflects the wholesale euro unsecured overnight borrowing costs of banks located in the eurozone.
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Analyst Views on ICE
Wall Street analysts forecast ICE stock price to rise
10 Analyst Rating
9 Buy
1 Hold
0 Sell
Strong Buy
Current: 148.300
Low
174.00
Averages
191.60
High
223.00
Current: 148.300
Low
174.00
Averages
191.60
High
223.00
About ICE
Intercontinental Exchange, Inc. provides financial technology and data services across major asset classes, helping its customers access workflow tools that increase transparency and efficiency. Its Exchanges segment operates regulated marketplace technology for the listing, trading and clearing of an array of derivatives contracts and financial securities as well as data and connectivity services related to its exchanges and clearing houses. Its Fixed Income and Data Services segment provides fixed income pricing, reference data, indices, analytics and execution services as well as global credit default swaps (CDS), clearing and multi-asset class data delivery technology. Its Mortgage Technology segment provides a technology platform that offers customers comprehensive, digital workflow tools that aim to address inefficiencies and mitigate risks that exist in the United States residential mortgage market life cycle, from application through closing, servicing and the secondary market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Nasdaq Rule Adjustment: Nasdaq has reduced the time for newly listed large-cap companies to enter its main index to 15 trading days from a previous requirement of at least three months, closely linked to SpaceX's plans to list on Nasdaq.
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See More
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- Regulatory Concerns: ICE and CME Group have raised alarms regarding the regulatory oversight of the crypto exchange Hyperliquid, expressing concerns that its contracts tied to real-world assets could pose risks to global oil price discovery and market manipulation, prompting regulators to tighten scrutiny in this area.
- Expansion of Perpetual Futures: Originally launched on crypto exchanges for speculating on digital token prices, perpetual futures have recently expanded into other asset classes, indicating a growing demand for diversified investment tools that could impact the structure of traditional futures markets.
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See More
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- Market Demand Response: This collaboration represents the first product partnership between OKX and ICE since establishing their strategic relationship in March 2026, aimed at addressing market participants' urgent need for a bridge between traditional and digital markets, enabling retail traders to access critical energy benchmarks in a transparent environment.
- Strategic Expansion: The new contracts integrate ICE's depth, liquidity, and transparency into the OKX platform, further enhancing OKX's long-term participation capabilities in global financial markets, reflecting the company's ongoing investment in compliant infrastructure and product development.
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See More
