The company’s regulated futures and options business, formerly known as the International Petroleum Exchange (IPE), will operate under the name ICE Futures. ICE acquired the London-based energy futures and options exchange in 2001 and completed the transition from open-outcry to electronic trading in April 2005. At this time, all futures and options contracts, including the benchmark Brent Crude and Gas Oil futures contracts will retain “IPE” in their contract names and specifications.
ICE’s OTC market data services, formerly known as The 10x Group, as well as the company’s futures market data business will operate as a single business unit under the name ICE Data. ICE’s automated electronic confirmations service for OTC market participants, is known as ICE eConfirm.
Beginning Friday, October 28, the formerly separate websites of each of these businesses will be streamlined into the ICE’s corporate website, www.theice.com. Those who visit the four other existing websites, such as www.theipe.com, will be re-directed to the new site.
These changes were made to integrate access to the company’s information and services following the recent transition of its futures markets to electronic trading.
