IntercontinentalExchange (NYSE: ICE), a leading global commodity exchange operator, announced that Standard & Poor's (S&P) will add ICE to the S&P 500 Index as of the close of trading today, September 25, 2007.
"We are pleased to be included in the S&P 500 Index as we continue to grow our business for our customers and our shareholders," said ICE Chairman and CEO Jeffrey C. Sprecher. "I am proud of the dedicated team we've assembled who have helped to establish ICE as a leading global marketplace in just seven years."
ICE became a publicly traded company in November 2005.
The S&P 500 Index consists of 500 stocks chosen for market size, liquidity and industry group representation. It is a market-value weighted index, with each stock's weighting in the index in proportion to its market capitalization. The S&P Index Committee follows a set of published guidelines for maintaining the index, which are detailed at www.indices.standardandpoors.com.
About IntercontinentalExchange
IntercontinentalExchange(R) (NYSE: ICE) operates global commodity and
financial products marketplaces, including the world's leading electronic
energy markets and soft commodity exchange. ICE's diverse futures and over-
the-counter (OTC) markets offer contracts based on crude oil and refined
products, natural gas, power and emissions, as well as agricultural
commodities including canola, cocoa, coffee, cotton, ethanol, orange juice,
wood pulp and sugar, in addition to foreign currency and equity index futures
and options. ICE(R) conducts its energy futures markets through ICE Futures
Europesm, its London-based futures exchange, which offers the world's leading
oil benchmarks and trades nearly half of the world's global crude futures in
its markets. ICE conducts its soft commodity, foreign exchange and equity
index markets through its U.S. futures exchange, ICE Futures U.S.(sm), which
provides global futures and options markets, as well as clearing services
through ICE Clear U.S.(sm) In August 2007, ICE acquired the Winnipeg Commodity
Exchange Inc., the leading agricultural futures exchange in Canada. ICE's
state-of-the-art electronic trading platform brings market access and
transparency to participants in more than 50 countries. ICE was added to the
Russell 1000(R) Index in June 2006. Headquartered in Atlanta, ICE also has
offices in Calgary, Chicago, Dublin, Houston, London, New York, Singapore and
Winnipeg. For more information, please visit www.theice.com.
