Home

ICE SONIA Futures and Options at Record Open Interest

via Business Wire

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that ICE’s SONIA futures and options market, the benchmark for managing U.K. interest rate risk, hit record open interest (OI) of 11.4 million on October 23, 2025, up 68% year-over-year (y/y), including record OI of over 8 million in SONIA options, up 77% y/y.

“As customers manage exposure between central bank meetings and shifting monetary policy outcomes, they are drawn to the deep liquidity of ICE’s broad, multi-currency benchmarks for price discovery,” said Caterina Caramaschi, Vice President of Financial Derivatives at ICE. “We are the only global exchange to offer a diverse European and U.K. rates complex and we thank our customers for their continued trust as the venue of choice for their hedging needs.”

ICE is home to a multi-currency interest rate derivatives offering including SONIA, Euribor the benchmark for managing short term euro-related interest rate risk, SARON the Swiss benchmark, €STR which reflects the wholesale euro unsecured overnight borrowing costs of banks located in the euro area, and Gilts the benchmark for the U.K. government bond yield curve.

OI across ICE’s interest rate futures and options markets is up 40% y/y at 34.7 million, with OI across ICE Euribor up 22% y/y and ICE Gilts up 46% y/y. Average daily volume (ADV) is up 21% year-to-date across the portfolio, including SONIA ADV up 27% and Euribor ADV up 14%.

OI across ICE’s total futures and options markets is at a record 109.5 million contracts as of October 23, 2025, up 16% y/y.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the SEC on February 6, 2025.

Category: Exchanges

ICE-CORP

SOURCE: Intercontinental Exchange

Contacts