ICE Reports Futures Volume for May; YTD ADV up 12%

ATLANTA, June 2, 2011 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, reported volume for May 2011. Average daily volume (ADV) for ICE's futures markets was 1,429,907 contracts, a decline of 1% from May 2010. Year-to-date through May 31, ADV across ICE's futures exchanges was 1,500,400 contracts, an increase of 12% compared to the first five months of 2010.  Total futures volume in May 2011 was 30.0 million contracts, up 4% from May 2010.

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Operating and Financial Guidance Update

• ICE expects acquisition-related transaction costs primarily related to the NYSE/LIFFE deal for the three months ended June 30, 2011 in the range of $5 million to $7 million.

May 2011 Review

• ICE Futures Europe records:
  • The exchange established a daily volume record of 1,703,446 contracts on May 6.
  • ICE Brent Crude futures established a monthly volume record of 11,122,002 contracts and a daily volume record of 906,958 contracts on May 6.  This was the second consecutive daily volume record for Brent during the month.  
  • ICE Heating Oil futures established a monthly volume record of 47,901 contracts and a daily volume record of 5,179 contracts on May 17.
  • ICE RBOB Gasoline futures established a monthly volume record of 38,762 contracts and a daily volume record of 3,631 contracts on May 25.
  • Open interest records were established for Brent, WTI and Gasoil options, as well as a number of emissions and utilities contracts.
• ICE Futures US records:
  • ICE U.S. Dollar Index futures established a monthly volume record of 822,538 contracts and an ADV record of 39,168 contracts.
  • ICE Cocoa options established an open interest record of 107,291 contracts on May 31.
• ICE announced that its ICE Link platform will offer connectivity to CME Clearing for credit default swap (CDS) clearing starting in the summer of 2011.
• ICE launched 49 new cleared OTC energy contracts on May 23.
• On May 16, ICE and Nasdaq OMX withdrew their joint proposal to acquire NYSE Euronext.
• ICE was named Energy Risk Magazine's 2011 Exchange of the Year.
• ICE announced the launch on June 13 of 48 new cleared OTC energy contracts.
• ICE Clear Europe cleared its first freight forward agreement on May 24.
• Through May 27, ICE's CDS clearing houses have cleared $18.5 trillion in gross notional value on a cumulative basis across 516,617 transactions. ICE currently lists 313 CDS contracts for clearing.
  • ICE Trust U.S. (ICE Trust) reached $11.1 trillion in gross notional value cleared as of May 27, including $858 billion in single-name CDS, resulting in open interest of $666 billion. ICE Trust offers clearing for 41 indexes and 117 single-name contracts.
  • ICE Clear Europe has cleared €5.5 trillion ($7.5 trillion) of gross notional value since inception, including €885 billion ($1.2 trillion) in single-name CDS, resulting in €543 billion ($775 billion) of open interest. ICE Clear Europe offers clearing for 34 indexes and 121 single-name contracts.
• Trading days in May 2011:
  • ICE Futures Europe: 21
  • ICE Futures U.S.: 21
  • ICE Futures Canada: 21
  • Chicago Climate Futures Exchange: 21

Historical futures volume and OTC commission data can be found at:

http://ir.theice.com/supplemental.cfm

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, ICE Futures Canada, ICE Futures Europe, ICE Futures U.S., ICE Trust, ICE Clear Europe, U.S. Dollar Index, European Climate Exchange (ECX) and Chicago Climate Futures Exchange (CCFE). 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 and ICE's Quarterly Report on Form 10-Q for the quarter ended March 31, 2011, as filed with the SEC on February 9, 2011 and May 4, 2011, respectively.

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SOURCE IntercontinentalExchange