ICE Reports September Futures Volume

ATLANTA, Oct. 2, 2013 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, today reported futures volume for September and the third quarter of 2013. ICE's September average daily volume (ADV) was 3.22 million contracts, a decrease of 3% compared to September 2012. Total volume for the month increased 2% compared to the prior September. Third quarter 2013 ADV was 3.06 million contracts compared to 3.09 million contracts in the third quarter of 2012. All prior period contract volumes have been adjusted to include the transitioned futures contracts, which previously traded in ICE's OTC markets.

Credit Derivatives Transaction and Clearing

• Third quarter revenues from ICE's credit default swap (CDS) trade execution, processing and clearing business totaled $38 million, compared to $33 million in the prior third quarter, and included $22 million in CDS clearing revenues.
• Through September 27, ICE has cleared $45 trillion in gross notional value on a cumulative basis across 1.4 million trades with open interest of $1.5 trillion. Buy-side clearing of CDS totaled $2.6 trillion since the launch of client clearing at ICE Clear Credit in December of 2009. ICE lists approximately 400 CDS instruments for clearing. A complete summary of CDS clearing can be found at: https://www.theice.com/clear_credit.jhtml

September 2013 Review

• ICE Swap Trade, ICE's swap execution facility (SEF), was granted temporary registration by the CFTC for the OTC energy and CDS markets.
• ICE set November 5 as the date for its third quarter 2013 earnings announcement.
• A daily record of $83 billion in CDS client clearing was set on September 20.  ICE Clear Credit established back-to-back records in client clearing of $189 billion and $205 billion, respectively, in the last two weeks of September.
• Monthly volume records were established in Newcastle Coal futures total volume and ADV, Richard Bay Coal options total volume and ADV, Heating Oil futures ADV, Russell 1000 Value Index futures total volume and Rotterdam Coal options ADV.
• Open interest records were established in Rotterdam Coal futures and options, Newcastle Coal futures, Emissions EUA futures, Russell 1000 Value Index futures and Dutch TTF Gas options.
• Trading days in September 2013
  • ICE Futures Europe & U.S: 20
  • ICE Futures Canada: 20

Note: As of October 15, 2012, ICE transitioned all of the open interest in OTC cleared energy swaps contracts to futures contracts. All futures volumes in the tables above have been adjusted to treat, on a pro forma basis, the OTC cleared energy swaps contracts as futures contracts for all periods prior to October 2012.

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 open interest data can be found at: http://ir.theice.com/supplemental.cfm

About IntercontinentalExchange

IntercontinentalExchange (NYSE: ICE) is a leading operator of regulated exchanges and clearing houses serving the risk management needs of global markets for agricultural, credit, currency, emissions, energy and equity index products. www.theice.com   

The following are trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies: IntercontinentalExchange, ICE, ICE and block design, ICE Futures Europe, ICE Clear Europe, ICE Clear Canada, ICE Clear US, ICE Futures U.S., and ICE OTC. 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, 2012, as filed with the SEC on February 6, 2013.

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SOURCE IntercontinentalExchange

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