ICE Announces New Fee Structure For Certain Futures Contracts - NYBOT Scratch Trade Fee Waiver Eliminated On Electronic Transactions

IntercontinentalExchange (NYSE: ICE), the leading electronic energy marketplace and soft commodity exchange, today announced pricing changes for certain of its futures markets effective in July.

Beginning July 1, 2007, ICE Futures oil futures and options will carry an exchange fee of $0.73 per contract per side. The rate is currently $0.70. The rate for Exchange-for-Physicals (EFPs), Exchange-for-swaps (EFSs) and Block Trades will increase from $1.20 to $1.23 per contract per side. These changes will coincide with the anticipated changes in related clearing fees from $0.12 to $0.09 per contract per side announced by LCH.Clearnet on Friday, March 9, 2007.

Beginning April 1, 2007, NYBOT will eliminate “pass-out” credits (also known as “scratch-trade” rebates) for its products when traded electronically. Pass-out credits were earned when a trader bought and sold a NYBOT contract at the same price within the same day.

In the second quarter, ICE Futures and ICE cleared OTC customers will receive the financial benefit of expanded inter-month and inter-commodity tiered margining, with improved cross-margining capabilities that substantially reduce capital requirements.