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
ICE Futures Contracts & Markets Monthly ADV
Product Line ADV

October

2011

ADV

October

2010

ADV

% Change

ICE Brent Crude futures & options 606,199 408,249 48.5
ICE Gasoil futures & options 318,630 242,427 31.4
ICE WTI Crude futures & options 200,971 207,902 -3.3
ICE ECX emissions futures & options 30,599 21,418 42.9
Other futures contracts (1) 41,267 19,309 113.7
TOTAL ICE FUTURES EUROPE 1,197,666 899,305 33.2
Index futures & options (2) 185,848 132,190 40.6
Sugar No. 11 futures & options 86,485 140,941 -38.6
Other agricultural commodity contracts (3) 81,844 98,157 -16.6
Currency futures and options contracts (4) 35,330 28,388 24.5
TOTAL ICE FUTURES U.S. 389,507 399,676 -2.5
TOTAL ICE FUTURES CANADA & CCFE 22,847 26,836 -14.9
TOTAL FUTURES CONTRACTS 1,610,020 1,325,817 21.4
(1) “Other futures contracts” include ICE UK Natural Gas futures; ICE Coal futures; ICE Dutch TTF and German Natural Gas futures; ICE UK Electricity futures; ICE Heating Oil futures; and ICE Unleaded Gasoline Blendstock (RBOB) futures

(2) “Index futures & options” includes Russell 2000® mini futures and options and futures for the Russell 1000® mini, the Continuous Commodity Index, the Euro Index and the NYSE Composite.

(3) “Other agricultural commodity contracts” include futures and/or options for Cocoa, Coffee “C”, Cotton No. 2, Orange Juice, Sugar No. 14 and Sugar No. 16.

(4) “Currency futures and options” include futures and options for the U.S. Dollar Index and foreign exchange.

ICE Futures Year-to-Date ADV
10-mos 2011 10-mos 2010 Percent Change
ICE Futures Europe 1,089,445 869,897 25.2
ICE Futures U.S. 440,152 432,733 1.7
ICE Futures Canada & CCFE* 19,479 17,256 12.9
Total Futures 1,549,076 1,319,886 17.4
ICE Futures Monthly and Year-to-Date Volume
October 2011 October 2010 Percent Change
ICE Futures Europe 25,150,987 18,885,414 33.2
ICE Futures U.S. 8,179,644 8,393,192 -2.5
ICE Futures Canada & CCFE 457,224 537,936 -15.0
Total Futures 33,787,855 27,816,542 21.5
10-mos 2011 10-mos 2010 Percent Change
ICE Futures Europe 228,783,418 181,808,500 25.8
ICE Futures U.S. 92,431,951 90,441,158 2.2
ICE Futures Canada & CCFE* 4,052,516 3,589,721 12.9
Total Futures 325,267,885 275,839,379 17.9
*ICE acquired CCFE on July 8, 2010. Prior-year amounts do not include CCFE volume prior to that date.
ICE Futures Open Interest
October 31, 2011 December 31, 2010
ICE Futures Europe 4,634,227 3,329,205
ICE Futures U.S. 3,030,502 3,325,618
ICE Futures Canada & CCFE 219,693 283,246
Rolling Three-Month Average Rate per Contract (RPC)
Product Line Three Months Ending
October 2011
Three Months Ending
September 2011
Three Months Ending
August 2011
ICE Futures Europe $1.55 $1.57 $1.58
ICE Futures U.S. Ag $2.39 $2.38 $2.38
ICE Futures U.S. Fin $0.81 $0.82 $0.86
RPC is calculated by dividing transaction revenues by contract volume, and may vary based on pricing, customer and product mix.

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, as filed with the SEC on February 9, 2011 and ICE’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2011, as filed with the SEC on August 3, 2011.

ICE-CORP

CONTACT: Investor: Kelly Loeffler, VP, Investor Relations & Corp. Communications, +1-770-857-4726, kelly.loeffler@theice.com, or Melanie Shale, Director of Investor & Public Relations, +1-770-857-2532, melanie.shale@theice.com, or Media: Lee Underwood, Director, Communications, +1-770-857-0342, lee.underwood@theice.com, all of IntercontinentalExchange, Inc.

Web Site: http://www.theice.com

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