IntercontinentalExchange, a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced a new daily volume record for the ICE Gasoil futures contract. On 20 October, 371,831 Gasoil futures contracts traded on ICE Futures Europe, surpassing the previous record of 344,731 contracts traded on 12 October 2010.
The ICE Gasoil futures contract is the world’s largest refined petroleum product futures contract. Introduced in 1981, the ICE Gasoil futures contract has become the underlying pricing reference for refined products around the world. Today, the ICE Gasoil contract provides deep liquidity and the versatility of a global benchmark.