ICE NYH RBOB Gasoline Futures Set Daily Volume RecordBy Intercontinentalexchange, PRNE
Thursday, August 25, 2011
CHICAGO, August 26, 2011 -
IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, reported record daily volume in the ICE NYH RBOB Gasoline Futures Contract of 13,877 contracts on 25 August 2011. The new record surpassed the previous daily record of 8,879 contracts set on 13 June 2011.
(Logo: photos.prnewswire.com/prnh/20090727/CL51999LOGO )
“Trading activity in the ICE NYH RBOB and ICE Heating Oil futures contracts has been spurred by the launch earlier this year of crack spreads in ICE Heating Oil vs ICE Brent Futures and ICE RBOB Gasoline vs ICE Brent Futures. We have seen increased interest of late from market participants in trading both the futures and the crack spread contracts,” said Jeff Barbuto, ICE Vice President, Oil Marketing.
ICE NYH RBOB Gasoline futures trade 22 hours a day, from 8:00pm through 6:00pm Eastern time the next day, and from 1:00am through 11:00pm London time. The contract is sized at 42,000 gallons and priced in U.S. dollars and cents per gallon. It trades for 12 consecutive months at a time and is based on Reformulated Gasoline Blendstock for Oxygenate Blending for delivery in New York Harbor.
For questions regarding ICE NYH RBOB Gasoline futures contracts and crack spreads, please contact Jeff Barbuto +1-646-733-5014, firstname.lastname@example.org or Deborah Pratt +44-20-7065-7734 email@example.com.
IntercontinentalExchange (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 hosts trade in half of the world’s crude and refined oil futures. ICE Futures U.S. and ICE Futures Canada list agricultural, currencies and Russell Index markets. ICE 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 70 countries. www.theice.com
The following are trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies: IntercontinentalExchange, ICE, ICE and block design, ICE Futures Europe 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, 2010, as filed with the SEC on February 9, 2011 and ICE’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2011, as filed with the SEC on August 3, 2011.
Media, Claire Miller, Corporate Communications, +44-20-7065-7745, claire.miller at theice.com, Lee Underwood, +1-770-857-0342, lee.underwood at theice.com, Investor, Kelly Loeffler, VP Investor Relations & Corp. Communications, +1-770-857-4726, kelly.loeffler at theice.com, all of IntercontinentalExchange
Tags: August 26, Chicago, Illinois, IntercontinentalExchange