Equity contracts performance
| Product code | Ticker | Mar 26' ADV | YTD ADV | Open interest | |
|---|---|---|---|---|---|
| FTSE | |||||
| FTSE 100 Index futures | Z | Z A | 160,151 | 102,497 | 460,745 |
| FTSE 100 Index options | ESX | UKX | 27,927 | 29,570 | 999,984 |
| FTSE 250 Index futures | Y2 | YBYA | 5,789 | 2,969 | 40,540 |
| FTSE 100 Dividend Index futures | XZ | UKDA | 1,140 | 2,467 | 73,775 |
| MSCI | |||||
| MSCI Emerging Markets Index futures | MME | MESA | 339,885 | 204,138 | 1,116,851 |
| MSCI EAFE Index futures | MFS | MFSA | 116,286 | 70,148 | 468,971 |
| MSCI ACWI Index futures | MMW | WMWA | 1,639 | 826 | 12,480 |
| MSCI EM ex China Index futures | MMC | MMLA | 1,088 | 546 | 10,870 |
| MSCI Brazil Index futures | MCG | MCBA | 2,403 | 1,005 | 19,137 |
| Climate & ESG | |||||
| MSCI EM Climate PAI Index futures | MVU | MVYA | 855 | 309 | 8,520 |
| MSCI Europe Climate PAI Index futures | MVT | MTEA | 1,126 | 431 | 11,662 |
| MSCI World Climate Change Index futures | MVT | WOWA | 888 | 359 | 9,772 |
| MSCI World Selection Index futures | LFW | LFWA | 1,748 | 670 | 17,630 |
| FANG | |||||
| Micro FANG+ Index futures | FNG | FNSA | 1,791 | 1,307 | 9,061 |
| Single Stock Derivatives | |||||
| Futures | — | — | 130,735 | 77,657 | 158,802 |
| Options | — | — | 54,568 | 52,255 | 2,945,068 |
Wednesday, 1 April, 2026
Product highlights
Record Q1 volumes highlight ICE’s leadership in MSCI Index futures
Q1 2026 was a record quarter for trading in ICE’s MSCI Index futures, with volumes up 26.4% year on year. As the most liquid venue for trading MSCI Index futures, ICE continues to be relied upon by institutional participants for deep liquidity, tight spreads and capital efficient clearing, particularly during periods of market stress when trusted risk management at scale is critical.
Mini equity derivatives: Smaller contracts. Bigger possibilities.
The Mini UK Stock options suite, launched in January 2026, has gained meaningful early traction, with activity recorded across 16 of the 33 listed contracts.
In March, trading volumes reached 4,250 lots, led by the four most active contracts: Glencore, Barclays, Shell and Vodafone stock options.
FTSE South Korea RIC Capped Index Futures - Access Korea's growth with confidence
Effective April 1, ICE Futures U.S. has extended the trading hours of the FTSE South Korea RIC Capped Index Futures, enhancing access to Korea’s equity market across global time zones.
Developed in partnership with FTSE Russell and Korea Exchange Inc. (KRX), the contract provides a U.S.-regulated gateway to South Korea’s equity market, now with greater flexibility for international investors.
Market performance
FTSE Index Derivatives
In March 2026, global equity markets entered a more volatile and complex phase, as geopolitical tensions in the Middle East triggered a sharp rise in energy prices and prompted a broad reassessment of risk appetite. After a strong start to the year, U.K. equities proved relatively resilient compared with other developed markets, supported by the FTSE 100’s defensive sector composition, particularly in energy, mining, and financials.
- FTSE 100 Index Futures YTD Average Daily Volume (ADV) of 102.5k lots, representing £10.5 billion in notional daily volume; Open Interest (OI) at 460k lots, totalling £47 billion in notional value.
- FTSE 100 Index Options YTD ADV of 30k lots, representing £3.1 billion in notional daily volume; OI at 1.00 million lots or £102 billion in notional value.
- FTSE 250 Index Futures YTD ADV of 3k lots with end of month OI of £1.7 billion or 41k lots.
MSCI Index Derivatives
Following the strong rally at the start of 2026, Emerging Market (EM) equities moved into a sharp correction in March, as the escalation of the Middle East conflict triggered a broad global risk off move.
Despite the volatility, investor activity continued to focus on strategic allocation and diversification across broad EM benchmarks, underscoring the role of emerging markets as a core component of global portfolios even amid elevated uncertainty.
- MSCI EAFE Index Futures (MFSA) YTD ADV of 70k lots, representing $10 billion in notional daily volume; OI exceeding 468k lots or $68 billion in notional value.
- MSCI Emerging Markets Index Futures (MESA) YTD ADV of 205k lots, representing $15 billion in notional daily volume; OI exceeding 1.11 million lots or $81 billion in notional value.
- MSCI ACWI NTR Index Futures (WMWA) OI exceeding 12k lots or $1.35 billion in notional value.
More about ICE MSCI Complex.
Single Stock Derivatives
In March, UK Stock options volumes increased 17.4% year on year, reaching a YTD ADV of 48k lots, with end of month OI of 1.76 million lots.
Main Index contracts - Monthly volume and open interest
FTSE 100 futures
FTSE 100 options
MSCI Index futures - Global franchise
MSCI Sustainability Index futures