FourBrane

Credit Default Swaps, Part Two: ICE and Other Exchanges

Aside from any likely share of the CDS market, volumes handled by ICE are still going up right now as the stock's price plummets. To date, October oil futures and options volume is 10% above an average month this year, while combined U.S. commodity, FX and Russell trading is up 37%. I don't have the patience to calculate the Canadian volumes as they don't report it conveniently.
Still, ICE is very thinly traded, so it cannot seem to get a stable price and that makes owning it (as I do) a difficult exercise in fear control. This stock bucks harder than a wild horse and many a rider has recently been thrown off.