ICE Futures Sets Exchange-Wide And ICE WTI Crude Futures Volume Records
Date 10/05/2006
IntercontinentalExchange (NYSE: ICE), the leading electronic energy marketplace, announced that ICE Futures, its regulated futures subsidiary, set two new daily volume records. On May 9, total volume in ICE Futures markets reached 451,308 contracts, surpassing the May 4 record of 430,939 contracts by 4.7%. Total open interest stood at 969,008 contracts, up 49.4% compared to 648,585 contracts at December 31, 2005. The ICE WTI Crude futures contract set a new volume record at 157,009, exceeding the April 25 record of 143,455, with open interest standing at 206,300. ICE Futures, which is the home of the benchmark Brent Crude futures contract, introduced the fully electronic WTI Crude futures contract in February this year.