IntercontinentalExchange (NYSE: ICE), the leading electronic energy marketplace and soft commodity exchange, announced that for the first time ever, its New York Board of Trade (NYBOT) subsidiary has traded more than 5 million contracts in a single month. The new record comes with five trading days remaining in the month of June.
As of Friday, June 22, exchange-wide volume for the month of June reached 5,076,174 contracts. The previous monthly volume record was established in April 2007 with 4,894,804 contracts. In 2006, NYBOT's average monthly volume was approximately 3,722,000 contracts.
ICE successfully introduced side-by-side trading for NYBOT's soft commodity contracts in February, including futures based on cocoa, coffee, cotton, orange juice and sugar. In May, electronic trading represented 71% of soft commodity futures volume. NYBOT successfully introduced electronic trading for the U.S. Dollar Index(R) (USDX) and the Russell 1000(R) index futures in both full- and mini-sized contracts on June 15.
About IntercontinentalExchange
IntercontinentalExchange(R) (NYSE: ICE) operates the leading global,
electronic marketplace for trading both futures and OTC energy contracts and
the leading soft commodity exchange. ICE's markets offer access to a range of
contracts based on crude oil and refined products, natural gas, power and
emissions, as well as agricultural commodities including cocoa, coffee,
cotton, ethanol, orange juice, wood pulp and sugar, in addition to currency
and index futures and options. ICE(R) conducts its energy futures markets
through its U.K. regulated London-based subsidiary, ICE Futures, Europe's
leading energy exchange. ICE Futures offers liquid markets in the world's
leading oil benchmarks, Brent Crude futures and West Texas Intermediate (WTI)
Crude futures, trading nearly half of the world's global crude futures by
volume of commodity traded. ICE conducts its agricultural commodity futures
and options markets through its U.S. regulated subsidiary, the New York Board
of Trade(R). For more than a century, the NYBOT(R) has provided global
markets for food, fiber and financial products. ICE was added to the Russell
1000(R) Index on June 30, 2006. Headquartered in Atlanta, ICE also has
offices in Calgary, Chicago, Houston, London, New York and Singapore. For more
information, please visit www.theice.com and www.nybot.com.