Brent Crude Oil Options Trading Volumes Rise to Record, ICE Says
By Grant Smith -
2012-05-25T11:33:49Z
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.
To contact the reporter on this story: Grant Smith in London at gsmith52@bloomberg.net
To contact the editor responsible for this story: Stephen Voss on sev@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.