ICE Reports 26% Increase in November 2010 Daily Futures Volume; $14 Trillion Cleared in CDS Globally

IntercontinentalExchange (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, today reported strong futures volume growth in November 2010. Average daily volume (ADV) across ICE’s futures exchanges was 1,366,669 contracts, an increase of 26% from November 2009.

Year-to-date through November 30, 2010, ICE’s futures ADV was 1.325 million contracts, up 27% compared to the same period of 2009. Total futures volume in November 2010 was 28.7 million contracts. ICE futures volume exceeded 300 million contracts through November 30; the previous annual record, established in 2009, was 262 million contracts.

November 2010 Review

* ICE Futures Europe records:
o The exchange established an open interest record of 3,701,740 contracts on November 9.
o The ICE ECX CER futures and Daily contracts established monthly and ADV records.
o Open interest records were established for ICE ECX EUA futures, Richards Bay coal futures, WTI options and UK natural gas futures.
* ICE Futures U.S. records:
o Cocoa futures established a daily volume record of 45,618 contracts on November 9.
o The Cotton No. 2 futures contract set a daily volume record of 101,516 contracts traded on the exchange on November 10.
* ICE Futures Canada records:
o Canola futures established an open interest record of 206,450 contracts on November 9.
* On November 1, ICE introduced ICE mobile for the iPhone and iPad in conjunction with its acquisition of TradeCapture OTC.
* On November 8, ICE launched 35 new energy and emissions contracts, including ICE ECX ERU, the market’s first Emission Reduction Unit (ERU) contracts. ICE also confirmed the first cleared ICE ECX ERU trades.
* On November 16, ICE and OTC Global Holdings announced that OTC Global Holdings has joined the ICE eConfirm Broker Matching Service.
* On November 17, ICE Futures Europe launched two German natural gas futures contracts and confirmed the first German natural gas futures trade.
* Through November 29, ICE’s CDS clearing houses have cleared $14 trillion in gross notional value on a cumulative basis across 366,780 transactions. ICE currently lists 258 CDS contracts for clearing.
o ICE Trust U.S. (ICE Trust) has cleared $8.4 trillion of gross notional value since inception, including $570 billion in single-name CDS, resulting in open interest of $559 billion. ICE Trust offers clearing for 38 indexes and 89 single-name contracts.
o ICE Clear Europe has cleared euro 4.1 trillion ($5.6 trillion) of gross notional value since inception, including euro 642 billion ($850 billion) in single-name CDS, resulting in euro 465 billion ($610 billion) of open interest. ICE Clear Europe offers clearing for 30 indexes and 101 single-name contracts.
* Trading days in November 2010:
o ICE Futures Europe: 21
o ICE Futures U.S.: 21
o ICE Futures Canada: 21
o Chicago Climate Futures Exchange: 21

RPC is calculated by dividing transaction revenues by contract volume, and may vary based on pricing, customer and product mix.

Historical futures volume, rate per contract and OTC commission data can be found at:

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