ICE Futures U.S. To Waive Fees for FX Futures
Posted on: Tuesday, 22 September 2009, 07:30 CDT
NEW YORK, Sept. 22 /PRNewswire-FirstCall/ -- ICE Futures U.S.(R), a leading regulated U.S. futures exchange for global agricultural, equity index and currency markets, announced it will waive all exchange and clearing fees for all foreign exchange futures contracts executed on the ICE trading platform. The fee waiver will be effective from trade date Thursday, October 1, 2009, through December 31, 2009.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090727/CL51999LOGO )
The fee waiver will apply to electronic trades in ICE Futures U.S.'s 39 contracts based on currency pair futures, including U.S. dollar-based pairs, Euro-based pairs and key cross rate pairs, as well as the 12 ICE Millions(TM) foreign exchange contracts. The waiver will not apply to EFP, EFS and Block Trades in these products, nor will it apply to the USDX(R) and Euro Index futures and options contracts.
All ICE Futures U.S. foreign exchange futures contracts are listed for trading on the ICE electronic trading platform for 22 hours each trading day.
About IntercontinentalExchange
IntercontinentalExchange(R) (NYSE: ICE) operates leading regulated exchanges, trading platforms and clearing houses serving the global markets for agricultural, credit, currency, emissions, energy and equity index markets. ICE Futures Europe(R) hosts trade in half of the world's crude and refined oil futures. ICE Futures U.S.(R) and ICE Futures Canada(R) list agricultural, currency and Russell Index markets. ICE offers trade execution and processing for the credit derivatives markets through Creditex and ICE Link(TM) , respectively, and CDS clearing through ICE Trust(TM) and ICE Clear Europe(R). A component of the Russell 1000(R) and S&P 500 indexes, ICE(R) serves customers in more than 50 countries and is headquartered in Atlanta, with offices in New York, London, Chicago, Winnipeg, Calgary, Houston and Singapore. www.theice.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding IntercontinentalExchange'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, 2008, as filed with the SEC on February 11, 2009.
SOURCE IntercontinentalExchange
Source: PR Newswire
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