ICE Reports 2% Increase in October Futures Volume; Over $35 Trillion of CDS Cleared to date PR Newswire ATLANTA, Nov. 5, 2012 ATLANTA, Nov. 5, 2012 /PRNewswire/ --IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, today reported futures volume for October 2012. ICE's average daily volume (ADV) for futures and options was 3,398,912 contracts, an increase of 2% from the prior October. Year-to-date through October 31, ADV rose 12% to 3,437,174 contracts, compared to the first ten months of 2011. Total contract volume in October 2012 increased 11% compared to the prior October, to 78.2 million contracts. All prior period contract volumes have been adjusted to include the converted futures contracts, which previously traded in ICE's OTC markets. (Logo: http://photos.prnewswire.com/prnh/20090727/CL51999LOGO ) October 2012 Review oICE announced the development of new CDS index futures and options contracts with a license agreement for Markit's CDS indexes, with an expected launch in 1Q13. oICE successfully completed its transition of cleared energy swaps to futures contracts as of the October 15 trade date. ICE's swap data repository, Trade Vault, also began processing CDS trades. oICE and Triana announced an agreement to process OTC FX via ICE Link, ICE's market leading middleware service. oThe CFTC approved ICE Clear Europe's request for a 4d(a) order which allows the continued portfolio margining offsets for energy customers when holding both U.S energy futures and foreign energy futures in an ICE account. Adjusted ICE Futures Contracts & Markets ADV ADV ADV ADV ADV Product Line ADV ADV (Futures & Options) Oct Oct YTD Oct YTD Oct % Change % Change 2012 2011 2012 2011 ICE Brent 614,954 606,199 1.4 637,448 540,323 18.0 ICE Gasoil 297,857 318,852 -6.6 264,863 267,853 -1.1 ICE Other Oil (1)* 210,239 248,404 -15.4 207,175 255,596 -18.9 ICE OIL 1,123,050 1,173,455 -4.3 1,109,486 1,063,772 4.3 ICE Natural Gas* 1,385,075 1,488,761 -7.0 1,517,164 1,267,293 19.7 ICE Power* 510,284 232,552 119.4 349,488 245,232 42.5 ICE Emissions & 48,232 36,348 32.7 39,426 33,575 17.4 Other (2) TOTAL ENERGY 3,066,641 2,931,116 4.6 3,015,564 2,609,872 15.5 ICE Sugar 92,863 86,776 7.0 135,693 134,187 1.1 ICE Other Ags (3) 120,925 104,122 16.1 121,438 109,660 10.7 TOTAL 213,788 190,898 12.0 257,131 243,847 5.4 AGRICULTURAL ICE Equity Index (4) 98,241 185,848 -47.1 134,939 178,151 -24.3 ICE FX (5) 20,242 35,330 -42.7 29,540 37,267 -20.7 TOTAL FINANCIALS 118,483 221,178 -46.4 164,479 215,418 -23.6 TOTAL FUTURES & 3,398,912 3,343,192 1.7 3,437,174 3,069,137 12.0 OPTIONS (1) "ICE Other Oil" includes futurized oil contracts, WTI, Heating Oil, RBOB Gasoline and Middle East Sour Crude. Excludes Daily Brent Bullet contracts. (2) "ICE Emissions & Other" includes all emissions contracts, freight, coal and iron ore and uranium. (3) "ICE Other Ags" includes Cocoa, Coffee "C", Cotton No. 2, Orange Juice, Corn, Wheat, Soybeans, Barley and Canola. (4) "ICE Equity Index" includes the Russell 2000^®, Russell 1000^®, the Continuous Commodity Index (5) "ICE FX" includes futures and options for the U.S. Dollar Index and foreign exchange. *Historical volume has been adjusted to include new energy futures contracts Adjusted ICE Futures Monthly and YTD Volume Futures & Options Products October October Percent YTD Oct YTD Oct Percent 2012 2011 Change 2012 2011 Change Energy* 70,532,752 61,553,423 14.6 636,283,937 548,072,947 16.1 Agricultural 4,893,760 3,986,290 22.8 54,233,965 51,169,747 6.0 Financials 2,725,097 4,644,740 -41.3 34,705,016 45,237,784 -23.3 TOTAL CONTRACTS 78,151,609 70,184,453 11.4 725,222,918 644,480,478 12.5 *Historical energy volume has been adjusted to include new energy futures contracts Adjusted Rolling Three-Month Average Rate per Contract (RPC) Three Months Three Months Three Months Futures & Options Products Ending Ending Ending October 2012 September 2012 August 2012 Energy* $1.08 $1.11 $1.11 Agricultural* $2.40 $2.40 $2.47 Financials $1.01 $1.00 $0.96 *Historical energy RPC has been adjusted to include new energy futures contracts and agricultural RPC has been adjusted to include Canadian contracts Adjusted ICE Futures & Options Open Interest October 31, 2012 December 31, 2011 Energy* 70,002,298 53,518,772 Agricultural 2,737,892 2,292,279 Financials 481,443 531,162 *Historical energy open interest has been updated to include new energy futures contracts oThrough October 31, ICE's CDS clearing houses have cleared $35 trillion in gross notional value on a cumulative basis across 1.08 million trades. ICE Clear Credit has cleared $2.0 trillion in single-name CDS resulting in open interest of $845 billion. ICE Clear Europe has cleared €1.5 trillion ($2.0 trillion) in single-name CDS resulting in €549 billion ($712 billion) of open interest. ICE lists 372 CDS instruments for clearing. A complete summary of CDS clearing can be found at: https://www.theice.com/clear_credit.jhtml oTrading days in October 2012 oICE Futures Europe & U.S: 23 oICE Futures Canada: 22 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 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, IntercontinentalExchange & Design, ICE, ICE and block design, ICE Futures Canada, ICE Futures Europe, ICE Futures U.S., ICE Clear Credit, ICE Clear Europe, ICE Clear U.S., ICE Clear Canada, The Clearing Corporation, U.S. Dollar Index, ICE Link and Creditex. 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, 2011, as filed with the SEC on February 8, 2012 and ICE's Quarterly Reports on Form 10-Q for the quarter ended June 30, 2012, as filed with the SEC on August 1, 2012, and the quarter ended September 30, 2012, as filed with the SEC on November 5, 2012. ICE-CORP SOURCE IntercontinentalExchange Website: http://www.theice.com Contact: Investor & Media Contacts, Kelly Loeffler, VP, Investor Relations & Corp. Communications, IntercontinentalExchange, Inc., +1-770-857-4726, firstname.lastname@example.org; Melanie Skijus, Director, Investor Relations, IntercontinentalExchange, Inc., +1-770-857-2532, email@example.com
ICE Reports 2% Increase in October Futures Volume; Over $35 Trillion of CDS Cleared to date
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