LONDON, May 9, 2011 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, announced that ICE Futures Europe set an exchange-wide daily volume record of 1,703,446 on 6 May 2011. The new record surpassed the previous daily record of 1,698,258 contracts set on 24 February 2011.
The exchange also established a daily volume record for the benchmark Brent Crude futures contract. Volume in Brent Crude futures was 906,958 contracts, 9% higher than the previous record of 832,412 contracts, which was set on 5 May 2011. This is the fifth daily trading volume record for the Brent Crude futures contract in 2011.
Introduced in 1988, the ICE Brent Crude futures contract is the leading benchmark for pricing the world's crude oil, including grades in Africa, the Middle East and Asia. ICE Futures Europe has also listed the North American benchmark West Texas Intermediate (WTI) crude futures contract since 2006. Both light sweet crude contracts have established daily volume records in 2011. ICE Futures Europe also offers the world's leading refined product benchmark, the ICE Gasoil futures contract.
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. http://www.theice.com
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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.