ICE Reports 21% Increase in Daily Futures Volume for October

IntercontinentalExchange (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, reported futures volume in October 2011. Average daily volume (ADV) for ICE’s futures markets was 1,610,020 contracts, an increase of 21% from October 2010. Year-to-date through October 31, ADV across ICE’s futures exchanges was 1,549,076 contracts, an increase of 17% compared to the first ten months of 2010.  Total futures volume in October 2011 was 33.8 million contracts.

October 2011 Review

ICE Futures Europe records:

ICE Gas Oil futures and Brent Crude options established monthly volume records of 6,650,769 contracts and 275,501 contracts, respectively.

The exchange set an open interest record of 4,666,333 contracts on October 28.  During the month, open interest records were established for ICE Brent Crude futures and options, Low Sulphur Gas Oil futures and a variety of other emissions futures contracts.

ICE Futures U.S. records:

ICE Cocoa Futures and Options set open interest records of 198,865 contracts and 134,866 contracts, respectively, on October 28.  ICE Cocoa Options also established a daily volume record of 17,975 contracts on October 4.

ICE Clear Credit became the first clearing house to clear sovereign CDS with the launch of Latin American sovereign CDS on October 31.

ICE Futures Canada announced its intent to introduce new futures contracts for milling wheat, durum wheat and barley following the end of the Canadian Wheat Board monopoly on the sale and marketing of Canadian grains in 2012.

Dow Jones Indexes and UBS announced the addition of Brent Crude to the Dow-Jones-UBS Commodity Index.

ICE announced it will launch 22 new cleared OTC energy contracts on November 7, bringing its total cleared OTC energy products to more than 600 contracts.

Through October 28, ICE’s CDS clearing houses have cleared $24.7 trillion in gross notional value on a cumulative basis across 699,178 transactions. ICE currently lists 330 CDS contracts for clearing.

ICE Clear Credit reached $14.3 trillion in gross notional value cleared as of October 28, including $1.2 trillion in single-name CDS, resulting in open interest of $798 billion. ICE Clear Credit offers clearing for 43 indexes and 128 single-name contracts.

ICE Clear Europe has cleared euro 7.5 trillion ($10.3 trillion) of gross notional value since inception, including euro 1.1 trillion ($1.5 trillion) in single-name CDS, resulting in euro 568 billion ($803 billion) of open interest. ICE Clear Europe offers clearing for 38 indexes and 121 single-name contracts.

Trading days in October 2011:

ICE Futures Europe: 21

ICE Futures U.S.: 21

ICE Futures Canada: 20

Chicago Climate Futures Exchange: 21

Historical futures volume and OTC commission data can be found at:http://ir.theice.com/supplemental.cfm