IntercontinentalExchange (NYSE: ICE), the leading electronic energy marketplace, announced that it opened its new London telecommunications hub today. The hub is designed to improve access and reduce connectivity costs to ICE’s electronic trading platform for current and prospective ICE market participants in the region.
The London location is the third telecommunications hub that ICE has opened thus far. In addition to a Chicago hub opened in January and a European hub outside of London opened last year for Western European customers, ICE plans to open hubs in Singapore in May and in New York in June. Market participants can use these hubs to access ICE’s energy futures and over-the-counter (OTC) markets, and ICE can customize the bandwidth size for their connections, as well as the type of circuits they require to meet their specific data needs.
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, including, but not limited to, the benefits associated with opening new telecommunications hubs. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the Company’s Securities and Exchange Commission filings, including, but not limited to, the risk factors in Item 1(a) of the Company's Annual Report on Form 10-K, as filed with the Securities and Exchange Commission on March 10, 2006, which are incorporated by reference into this press release.
FTSE Mondo Visione Exchanges Index:
ICE Opens London Telecommunications Hub
Date 20/03/2006
About IntercontinentalExchange
IntercontinentalExchange® (NYSE: ICE) operates the leading electronic global futures and OTC marketplace for trading energy commodity contracts, including crude oil and refined products, natural gas, power and emissions. ICE conducts its markets for futures trading through its regulated subsidiary, ICE Futures (formerly the International Petroleum Exchange, or IPE), Europe's leading energy futures and options exchange. ICE also offers a range of risk management and trading support services, including cleared OTC contracts, electronic trade confirmations and energy market data. ICE's common stock began trading on the New York Stock Exchange on November 16, 2005. ICE is based in Atlanta, Georgia with offices in Calgary, Chicago, Houston, London, New York and Singapore. For more information, please visit www.theice.com.
