“IntercontinentalExchange intends to vigorously defend against the claims asserted by MBF Clearing Corp. (‘MBF’) and strongly believes that it is not in violation of any antitrust laws. We note that MBF has long maintained a close affiliation with the New York Mercantile Exchange, and that this lawsuit was filed immediately prior to the introduction of ICE Futures’ competing WTI futures contract. We will file a formal response to the lawsuit in court within the time provided by law, and we will take all actions that we deem necessary to defend the Company against this litigation.”
FTSE Mondo Visione Exchanges Index:
IntercontinentalExchange, Inc. Statement Regarding MBF Clearing Lawsuit
Date 07/02/2006