Grain News

IntercontinentalExchange Reports Record Average Daily Volume for June and 2Q

Date Posted: July 2, 2009

Atlanta, GA—IntercontinentalExchange® (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, reported July 2 June and second quarter 2009 futures volume and OTC commissions.

ICE(R) operates three regulated futures exchanges: ICE Futures Europe®, ICE Futures U.S.® and ICE Futures Canada®, in addition to global OTC markets for energy and credit derivatives.

Full ICE Report

Highlights

• Across ICE's three futures exchanges, June average daily volume (ADV) was a record 1,088,525 contracts, an increase of 14% from June 2008.

In the second quarter of 2009, ADV for ICE futures contracts was a record 1,026,900, 14% higher than the same period in 2008.

• At ICE Futures Europe, June ADV increased 2% year-over-year, to 628,829 contracts.

For the second quarter of 2009, ADV was 606,289 contracts, roughly flat compared to the second quarter of 2008.

• At ICE Futures U.S., ADV was a record 444,457 contracts in June, an increase of 36% from June 2008.

In the second quarter, ADV was 404,686, an increase of 47% from the same period in 2008.

• Year-to-date through June 30, 2009, ADV for contracts at ICE's three futures exchanges was 1,016,149, 7% higher than the first half of 2008.

ADV for ICE Futures Europe and ICE Futures U.S. increased 1% and 18%, respectively, compared to the first half of 2008.

• Average daily commissions for ICE's OTC energy business were $1.1 million in the second quarter of 2009, a decrease of 8% over the same period in 2008.

• Revenues from ICE's OTC credit default swaps (CDS) execution, processing and clearing were $44 million during the second quarter of 2009, up 16% over the first quarter of 2009.

• ICE Trust™ has cleared $1.3 trillion notional in CDS indexes since the clearing house launched in March 2009.

ICE Trust is ICE's clearing house for North American CDS markets.

For more information, call 770-857-4700.

See Related Websites/Articles:

more GRAIN NEWS...