LONDON, Jan 13, 2010 /PRNewswire via COMTEX News Network/ -- IntercontinentalExchange, Inc. (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced new open interest records for ICE Futures Europe. The ICE Brent Crude futures contract established a new open interest record of 817,977 contracts on January 12, settling above 800,000 contracts for the first time. The exchange also established open interest records in the ICE Rotterdam and the globalCOAL ICE Newcastle Coal futures contracts of 55,689 and 16,585 contracts, respectively, on January 12. Total open interest across ICE coal futures is now over 100,000 contracts.
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ICE's North Sea Brent Crude futures contract cash settles based on the ICE Futures Brent Index at expiry. The Brent Index represents the average price of trading in the 21-day BFOE market in the relevant delivery month. A leading global light sweet crude contract, ICE Brent trades alongside the ICE WTI crude futures contract on the ICE platform. Today, ICE Futures Europe conducts half the world's futures trade in crude and refined oil products.
About IntercontinentalExchange
IntercontinentalExchange(R) (NYSE: ICE) is a leading operator of regulated futures exchanges and over-the-counter markets for agricultural, credit, currency, emissions, energy and equity index contracts. 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, currencies and Russell Index markets. ICE(R) is also a leading operator of central clearing services for the futures and over-the-counter markets, with five regulated clearing houses across North America and Europe. ICE serves customers in more than 55 countries. www.theice.com
The following are trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies: IntercontinentalExchange, IntercontinentalExchange & Design, ICE, ICE and block design and ICE Clear Europe. All other trademarks are the property of their respective owners. For more information regarding registered trademarks owned by IntercontinentalExchange, Inc. and/or its affiliated companies, see https://www.theice.com/terms.jhtml
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, Inc.
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