ICE CDS Clearing Reaches $12 Trillion in Notional Cleared; ICE Clear Europe Announces New CDS Clearing Member

By Intercontinentalexchange, PRNE
Tuesday, September 21, 2010

LONDON, September 22, 2010 - IntercontinentalExchange (NYSE: ICE), a leading operator of regulated
global futures exchanges, clearing houses and over-the-counter (OTC) markets,
today announced that its credit default swap clearing houses have cleared $12
trillion
in gross notional value since inception. ICE Clear Europe also
announced that UniCredit Bank AG was approved as a CDS clearing member and
has begun clearing CDS transactions. UniCredit is ICE Clear Europe's 15th CDS
clearing member. ICE Clear Europe launched CDS clearing on 27 July 2009 with
10 clearing members.

    (Logo: photos.prnewswire.com/prnh/20090727/CL51999LOGO )
    (Logo: www.newscom.com/cgi-bin/prnh/20090727/CL51999LOGO )

Jameson Miller, Global Head of Credit Trading, UniCredit Bank AG said:
"We are extremely pleased to have been approved as a CDS Clearing Member of
ICE Clear Europe. Clearing Membership represents a critically important
strategic step for UniCredit Bank AG as it responds to the rapidly changing
competitive and regulatory landscape and will enable us to provide enhanced
service to our investor customers."

Through 21 September, ICE's CDS clearing houses have cleared $12 trillion
in gross notional with aggregate open interest of $1.1 trillion. ICE Clear
Europe has cleared euro 3.4 trillion ($4.6 trillion) of gross notional value
of CDS transactions, including euro 530 billion in single-name CDS, resulting
in euro 443 billion ($580 billion) of open interest. ICE Trust has cleared
$7.4 trillion of gross notional value, including more than $3 billion in
buy-side clearing and $455 in single name clearing, resulting in open
interest of $494 billion.

Together, ICE Trust and ICE Clear Europe CDS clearing bring a common
infrastructure to global CDS market participants within their respective
regulatory jurisdictions, while leveraging clearing systems and risk
management processes already in use by the industry. ICE's CDS clearing
houses have established separate risk pools for CDS, including guaranty funds
and margin accounts, as well as a dedicated risk management system and
independent governance structures.

About IntercontinentalExchange

Intercontinental Exchange(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 55 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, 2009, as filed with the SEC on February 10, 2010.

Elaine Bailey, Corporate Communications, ICE Futures Europe, +44-207-012-8766, Elaine.bailey at theice.com

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