ICE Futures Europe Sets Daily Volume Record in Coal Futures
LONDON, Oct. 18, 2013 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, today announced that ICE Futures Europe reached a daily volume record of 16,034 contracts in ICE Coal futures on October 17, 2013. The previous volume record was 14,090 contracts on March 28, 2013.
Volume for ICE Coal futures and options also reached a combined record of 21,734 contracts on October 17, 2013, compared with the previous combined record of 19,390 on June 25, 2013.
ICE gC Newcastle Coal futures achieved record open interest of 26,941 contracts on October 17, 2013.
"ICE offers the following Coal futures and options contracts: ICE gC Newcastle Coal, ICE API 4* Richards Bay Coal and ICE API 2* Rotterdam Coal and continues to expand the range of coal contracts available for trading and clearing.
* API 2, API 4 and API 8 are trademarks of and are used under license from Argus Media Limited and IHS Global Limited. All copyrights and database rights in the API 2, API 4 and API 8 indices belong exclusively to Argus and IHS. Official prices for the API 2, API 4 and API 8 are only available from Argus. Argus and IHS take no position on the purchase or sale of ICE's financially settled listings.
IntercontinentalExchange (NYSE: ICE) is a leading operator of regulated exchanges and clearing houses serving the risk management needs of global markets for agricultural, credit, currency, emissions, energy and equity index products. www.theice.com.
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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, 2012, as filed with the SEC on February 6, 2013.