LONDON, June 24, 2011 /PRNewswire/ -- IntercontinentalExchange, a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced that ICE Futures Europe established a daily volume record of 2,093,304 contracts on 23 June. The volume record surpassed by 23% the exchange's previous daily volume record of 1,703,446 contracts set on 6 May 2011.
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Volume in the benchmark Brent Crude futures contract crossed one million contracts for the first time, with 1,221,190 lots traded, exceeding the 6 May record of 906,958 contracts and representing the sixth daily volume record for Brent Crude futures in 2011. A record 10,391 Heating Oil futures contracts also traded on 23 June. In March, ICE Futures Europe introduced the ICE Heating Oil vs ICE Brent Futures Crack Spread.
ICE Futures Europe also established record daily volume records for its ICE ECX EUA and CER emissions futures contracts, with 77,960 and 11,056 lots, respectively. The previous ICE ECX EUA record of 52,645 contracts was set on 16 March 2011, and the previous ICE ECX CER volume of 10,623 lots was set on 17 June 2010. The ICE ECX EUA futures contract is the benchmark for the EU Emissions Trading Scheme (ETS).
Introduced in 1988, the ICE Brent Crude futures contract is the leading benchmark for light sweet crude oil, including grades in Africa, the Middle East and Asia. ICE Futures Europe also lists the North American benchmark West Texas Intermediate (WTI) crude futures contract. Both light sweet crude contracts have established daily volume records in 2011.
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. www.theice.com
The following are trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies: IntercontinentalExchange, 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, 2010, as filed with the SEC on February 9, 2011.
ICE-ENGY
SOURCE IntercontinentalExchange
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