ATLANTA, Nov. 1, 2010 /PRNewswire-FirstCall/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced the acquisition of TradeCapture OTC, a leading provider of web-enabled solutions for commodity trading with real-time prices. Previously known as Tap and Trade™ the application is now known as ICE mobile™ and available online in the Apple App Store. ICE mobile delivers real time market data, is available to WebICE users via their WebICE account ID, and will be expanded later this year to offer mobile trading.
Said David Goone, ICE SVP and Chief Strategic Officer: "We're pleased to launch ICE mobile and to bring the team that developed and delivered this innovative, practical application together with ICE's technology and global markets. Mobile tools are an example of our initiatives aimed at meeting customers' needs for real-time market data from anywhere."
Said Vinnie Annunziata, ICE V.P. of Business Development and founder of TradeCapture OTC: "Continuous access to data and flexible market views are critical to staying connected in global markets. We are proud of the next-generation tools for commodity market participants we've developed and excited about bringing these and additional capabilities together with ICE's markets, broad distribution and scale."
"We have quickly come to rely on the productivity, information and flexibility this application brings our trading operations," said Chris Mudry of Mercuria. "The ability to view real-time prices, create customizable views and charting replicates the capabilities we have on our desktop. There's not another mobile app like it for the commodity markets today."
Version 1.0 of the ICE mobile app enables WebICE users to view real time data for ICE's markets from an iPhone, iPod Touch or iPad. The next version of ICE mobile will enable trading of ICE's futures and OTC markets, including integration with the user's WebICE account to provide the same services available from a desktop. ICE also plans to offer mobile versions for Blackberry and Android devices in the future.
Tap and Trade was recognized by Energy Risk magazine for its innovation in delivering the first and most feature-rich trading and risk management application via the iPhone. TradeCapture OTC created the industry leading mobile application for accessing global commodity markets and managing risk from anywhere.
A free trial for WebICE users of ICE mobile is in place through the end of 2010. For more information on ICE mobile, as well as a demo and security whitepaper, please see www.theice.com/mobile.
Note to Editors For additional information view digital media release here.
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 registered trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies: IntercontinentalExchange, ICE. ICE mobile and Tap and Trade are trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies. 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, 2009, as filed with the SEC on February 10, 2010.