Brent Crude Oil Options Trading Volumes Rise to Record, ICE Says
Daily trading volumes of Brent oil options rose to a record 78,508 contracts yesterday, according to ICE Futures Europe, a unit of Intercontinental Exchange Inc.
The volume surpassed a previous peak of 63,494 lots set on May 2, ICE said today in an e-mailed statement. Options give traders the ability, without the obligation, to buy or sell securities at a designated price.
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