ICE Sets New Volume Records in Energy Futures
Posted on: Thursday, 12 January 2006, 09:00 CST
ATLANTA, Jan. 12 /PRNewswire-FirstCall/ -- IntercontinentalExchange , the leading electronic energy marketplace, today reported new volume records at its ICE Futures subsidiary. On Wednesday, January 11, 2006, exchange-wide volume reached 299,585 contracts, exceeding the prior daily record set on August 10, 2005 at 295,501 contracts.
Also on Wednesday, volume in the IPE Gas Oil futures contract reached a daily record of 94,646 contracts. The previous daily record of 92,982 contracts was set December 9, 2005.
"Electronic trading has made energy markets more accessible to participants around the clock," said ICE's Chairman and CEO, Jeffrey C. Sprecher. "Yesterday's records further demonstrate the demand for real-time risk management and price discovery on ICE."
About IntercontinentalExchange
IntercontinentalExchange(R) operates the leading electronic global futures and OTC marketplace for trading energy commodity contracts, including crude oil and refined products, natural gas, power and emissions. ICE conducts its markets for futures trading through its regulated subsidiary, ICE Futures (formerly the International Petroleum Exchange, or IPE), Europe's leading energy futures and options exchange. ICE also offers a range of risk management and trading support services, including cleared OTC contracts, electronic trade confirmations and energy market data. ICE's common stock began trading on the New York Stock Exchange on November 16, 2005. ICE is based in Atlanta, Georgia with offices in Calgary, Chicago, Houston, London, New York and Singapore. For more information, please visit http://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 such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Registration Statement on Form S-1 (Reg. No. 333-123500), as amended, as filed with the Securities and Exchange Commission.
IntercontinentalExchange
CONTACT: Kelly Loeffler, VP, Investor and Public Relations ofIntercontinentalExchange, +1-770-857-4726, or kelly.loeffler@theice.com ; orEllen Resnick of Crystal Clear Communications, +1-773-929-9292, or cell,+1-312-399-9295, or eresnick@crystalclearPR.com
Web site: http://www.theice.com/
Source: PRNewswire-FirstCall
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