Intercontinental Exchange, Inc. (NYSE:ICE) today announced record trading activity in Murban crude as ICE Futures Abu Dhabi (IFAD) marks its third anniversary. IFAD and ICE’s Murban futures market launched in March 2021 with the Abu Dhabi National Oil Company (ADNOC) and nine of the world’s largest energy traders as founding partners. In the first quarter of 2024, ICE’s Murban futures market hit record traded volume of over 1.1 million contracts and in March reached record average daily volume of 21,454 contracts, up 152% year-over-year (y/y). On April 15, 2024, Murban futures hit a single day volume record with ... (full story)