IntercontinentalExchange Statement on CFTC Meeting on Energy Position Limits and Hedge Exemptions

Jan 14, 2010, 15:55 ET from IntercontinentalExchange, Inc.

ATLANTA, Jan. 14 /PRNewswire-FirstCall/ -- IntercontinentalExchange, Inc. (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today issued the following statement regarding the Commodity Futures Trading Commission's (CFTC) Meeting on Energy Position Limits and Hedge Exemptions.

(Logo: )

We believe today's meeting demonstrates progress toward the implementation of a carefully considered position limit and concentration regime for energy markets. ICE looks forward to submitting detailed comments on the CFTC's recommendations in accordance with the timeline set forth by the Commission.

ICE has a track record of working with global regulators and policy makers to ensure that its futures and OTC markets are transparent and operate effectively. Since 2008, ICE Futures Europe has applied U.S. regulatory requirements to its U.S. energy contracts and intends to consistently apply modifications in regulatory requirements to these contracts, pursuant to existing CFTC and U.K. Financial Services Authority cooperation.

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 55 countries. 

The following are trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies: IntercontinentalExchange, IntercontinentalExchange & Design, ICE, ICE and block design, ICE Processing and Creditex. 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

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, 2008, as filed with the SEC on February 11, 2009.

SOURCE IntercontinentalExchange, Inc.