ICE Brent Crude Futures Contract Sets Open Interest Record; OI Crosses 800,000 for the First Time; Record OI for ICE Coal Futures
By Intercontinentalexchange Inc., PRNETuesday, January 12, 2010
LONDON, January 13 - 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.
(Logo: www.newscom.com/cgi-bin/prnh/20090727/CL51999LOGO )
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.
Kelly Loeffler, VP, Investor Relations & Corp. Communications, +1-770-857-4726, kelly.loeffler at theice.com, or Sarah Stashak, Director, Investor & Public Relations, +1-770-857-0340, sarah.stashak at theice.com, both of IntercontinentalExchange
Tags: Intercontinentalexchange Inc., London, United Kingdom