FOW Names IntercontinentalExchange Futures Exchange Of The Year

IntercontinentalExchange (NYSE: ICE), the leading electronic energy marketplace and soft commodity exchange, announced today that FOW Magazine this week bestowed on ICE its 2007 “Futures Exchange of the Year” award. ICE operates both U.S. and U.K. regulated futures exchanges, a clearing house and an over-the-counter marketplace, as well as develops its own industry-leading technology. Earlier this week, ICE announced that it has secured an exclusive license to offer futures and options on futures on the full range of Russell U.S. equity indexes.

In presenting the award, FOW cited several key ICE initiatives that contributed to ICE’s selection. The magazine evaluated exchanges based on areas where they have created innovation, driven the market forward and contributed to the development of the global derivatives market.

The initiatives highlighted by FOW included ICE’s successful acquisition and integration of the New York Board of Trade that was completed on time and on budget. Also noted were ICE’s introduction of more than 50 new cleared over-the-counter contracts, the opening of the ICE Trading Center in New York and the “ambitious” global clearing strategy recently unveiled and under way.

“We’re honored to receive this recognition of the successful creation and implementation of our strategy to date,” said Jeffrey C. Sprecher, ICE Chairman and CEO. “As both a global marketplace and a technology company, we’ve demonstrated our ability to aggressively pursue growth and diversification to meet the needs of our customers.”