FTSE Index Derivative Complex

Celebrating its 40th anniversary on May 3rd, the FTSE 100 Future has stood as a stalwart benchmark since its introduction in 1984. Reflecting the largest and most tradable companies listed on the London Stock Exchange, it has evolved into a pivotal tool for traders and investors globally, now ranking among the top equity index futures in the world by notional open interest.

Of particular interest is the defensive profile of the FTSE 100 Index, often regarded as a haven during turbulent market conditions. This defensive quality was on display in April, as the index outperformed its global peers amidst heightened volatility and risk. The FTSE 100 Index derivatives volumes for the month, underscores this sentiment with notably: FTSE 100 Index Futures April 24’ ADV of 99k lots, up +48% vs April 23’, with a notional open interest of £46bn; FTSE 100 Index Options Apil 24’ ADV was up +15% vs. April 23’, with a notional open interest now more than £115bn.

Explore the evolution of the FTSE 100 Index over the last four decades

Micro NYSE FANG+ Index Futures

In April, Micro NYSE FANG+ Index futures recorded an average of 8,200 lots ADV, contributing to a YTD 2024 trading volume increase of over 24%. The open interest in the contract reached close to 8,000 lots, for a notional value of US$385M. These futures are actively traded by wide ranging participants and supported by the market.

This month, we witnessed a flurry of earnings releases, notably from technology heavyweights These earning reports added to the positive sentiment surrounding the underlying NYSE FANG+ index, which has seen a YTD performance of +11%.

Gain more information about the futures contract and index

Single Stock Futures & Options

In April, ICE broadened its extensive coverage of UK Single Stock Options with the introduction of six additional contracts on April 22nd.

This expansion highlights ICE’s dedication to offering the most comprehensive suite of UK Single Stock Options, thereby strengthening its position as the leading trading venue for UK derivatives.

This month, ICE’s UK Single Stock Options saw an average of was 31k lots traded per day, a notable increase of +13% YoY. Additionally, the Open Interest surpassed 3 million lots across the complex.

MSCI Index Total Return Futures

Experience the best of both worlds with ICE Total Return Futures, offering the flexibility of an OTC swap within a centrally cleared environment, ensuring transparency and cost-efficiency.

Discover how you can access exposure to four key MSCI Indexes