ICE Futures Canada Sets Daily Volume Record in Canola Futures
ATLANTA, Dec. 5, 2013 /PRNewswire/ — IntercontinentalExchange Group (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that ICE Futures Canada reached a daily volume record of 51,805 contracts in Canola futures on December 4, 2013. The previous volume record was 49,165 contracts on June 9, 2010.
The canola futures contract is the world benchmark for canola trading. The contract prices physical delivery of canola seed free-on-board trucks or rail cars in Central Saskatchewan, Canada.
Canola seed futures began trading on the Winnipeg Commodity Exchange, now known as ICE Futures Canada, in 1963. Futures and options on futures are used by the domestic and global oilseeds industries to price and hedge transactions.
About IntercontinentalExchange Group
IntercontinentalExchange Group (NYSE: ICE) is the leading network of regulated exchanges and clearing houses for financial and commodity markets. ICE delivers transparent, reliable and accessible data, technology and risk management services to markets around the world through its portfolio of exchanges, including the New York Stock Exchange, ICE Futures, Liffe and Euronext.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Statements in this press release regarding ICE’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the SEC on February 6, 2013.