ICE Gasoil and ECX EUA Futures Contracts Set Daily Volume Records
LONDON, March 17, 2011 /PRNewswire/ --
IntercontinentalExchange, a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced new daily volume records for the ICE Gasoil and ECX EUA futures contracts. On 16 March, 523,053 Gasoil futures traded on ICE Futures Europe, crossing the 500,000 contracts mark for the first time, and surpassing by more than 17% the previous record of 445,325 contracts traded on 24 February 2011.
Also on 16 March, a record 52,645 ECX EUA contracts traded on the exchange. The previous record of 51,638 contracts was established on 15 March.
The ICE Gasoil futures contract is the world's largest refined petroleum product futures contract. Introduced in 1981, the ICE Gasoil futures contract has become the underlying pricing reference for refined products around the world. The ICE ECX EUA futures contract is the benchmark for emissions pricing in the EU Emissions Trading Scheme (ETS).
About IntercontinentalExchange
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. http://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.
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