Intercontinental Exchange June, Q2 Futures And Options ADV Down - Quick Facts

(RTTNews) - Intercontinental Exchange Inc. (ICE) said that Futures and options average daily volume or ADV for the month of June decreased 26% compared to prior year period. Futures and options average daily volume for the the second quarter of 2014 was down 20%, compared to last year.

June commodity ADV declined 14% year to year, despite an 18% increase in Brent ADV and a 7% increase in Other Oil ADV. Financial ADV decreased 33% due primarily to continued low volatility.

In June, NYSE's U.S. cash equities ADV declined 21% and U.S. options ADV declined 27% year to year.

The NYSE's second quarter U.S. cash equities and U.S. options ADV decreased 12% and 21% year to year, respectively.

For the second quarter of 2014, ICE will report non-GAAP adjusted earnings per share excluding discontinued operations, and second quarter 2014 revenues and operating expenses will exclude those relating to Euronext and NYSE Technologies. Discontinued operations include NYSE Technologies along with Euronext and related foreign currency translation and transaction expense impacts.

ICE expects net income from discontinued operations to be in the range of $18 million to $22 million for the second quarter of 2014.

For the second quarter of 2014, ICE expects other revenue in the range of $102 million to $108 million, adjusting for Euronext other revenue which will be included in discontinued operations.

ICE expects to release second quarter 2014 earnings results pre-market on Thursday, August 7.