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ICE Clear Europe Marks One Year Anniversary

London, 3 November 2009 

New Contracts, Real-Time Risk Management, CDS Clearing Contribute to 'Best Innovation' Designation ... 

IntercontinentalExchange ( NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, today marked the one-year anniversary of the launch of ICE Clear Europe. Based in London, ICE Clear Europe launched on November 3, 2008, amid crisis in financial markets worldwide and during a period of significant demand for additional central clearing services.

"The successful launch of ICE Clear Europe just six weeks after the collapse of Lehman Brothers illustrates the demand for, and benefits of, centralized clearing services in an expanded range of products and markets," said Paul Swann, President of ICE Clear Europe. "We are grateful to our members for their continued support, and we look forward to working with participants as we continue to expand our services to meet the dynamic requirements of our customers."

"The growth of ICE's global energy OTC and futures markets following the launch of ICE Clear Europe has exceeded our expectations, particularly considering the challenges brought about by a highly volatile and uncertain financial market environment," said Jeffrey C. Sprecher, ICE Chairman and CEO. "Our vision for investing in central clearing has not only supported growth in our business, but also significant risk management enhancements to mitigate systemic risk."

Ends --

www.theice.com/clear_europe.jhtml

Upcoming Events – 2012

CTRM Technical Conference, London

London, 29 May 2012 - 30 May 2012

 

6th Wire and Cable Conference

Vienna, Austria, 11 June 2012 - 13 June 2012

 

20th European Biomass Conference and Exhibition

Milano, Italy, 18 June 2012 - 20 June 2012

 

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