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YellowJacket is a leading peer-to-peer OTC trade negotiation tool
ICE supports brokered trades through block facilities
Data on settlements, volumes, OI, indices, markers, WAVs, and records
Real-time access to viewing ICE's commodities markets
Real-time and delayed quotes from our three futures exchanges
Historical data from our three futures exchanges
Exclusive data directly from ICE's OTC energy markets
Fast, accurate and legally binding electronic trade confirmations
Independent validation of commodity prices and trading book valuations
Direct connectivity and hosting services at our primary data center
Access our markets from our trading facility in lower Manhattan
We provide a variety of training courses for market professionals
ICE is a leading global exchange and OTC market operator
ICE operates three regulated futures exchanges and two global OTC markets
Located in market centers throughout the world to serve our customers
Serving hedgers, industrials, utilities, commodity producers and banks
ICE brought transparency, efficiency and technology to global markets
Regulated futures exchanges and transparent OTC markets
ICE maintains a focus on building value for our shareholders
MANAGEMENT
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Jeffrey C. SprecherChairman and Chief Executive Officer, IntercontinentalExchange -
Jeff Sprecher is a founder of IntercontinentalExchange (NYSE: ICE), serving as the company's Chief Executive Officer since its inception in May 2000 and as the Chairman of the Board since November 2002. Under Mr. Sprecher's guidance, ICE has expanded into global markets for agriculture, chemicals, credit default swaps, emissions, energy, equity indexes and foreign exchange. Today, ICE operates three regulated futures exchanges, two over-the-counter (OTC) markets and five clearing houses.
A former power plant developer, Mr. Sprecher recognized the need for an accessible, electronic marketplace for OTC energy contracts. He purchased Continental Power Exchange (CPEX) in 1997 to achieve his vision of an efficient market that would introduce transparency and capital efficiency into previously opaque and fragmented markets. In 2000 he spearheaded the assembly of thirteen global commercial market users who then became the company's initial shareholders.
Since ICE's formation in 2000, Mr. Sprecher has maintained a focus on innovation, transparency and capital efficiency in the global derivatives markets. He has led numerous strategic initiatives that have enabled ICE to expand from a single asset class energy into five asset classes today. These initiatives have included numerous acquisitions, including the International Petroleum Exchange (2001), the New York Board of Trade (2007) and Creditex (2008).
In addition to expanding through acquisitions, Mr. Sprecher has focused ICE's resources on organic growth, including developing the industry's first cleared OTC energy contracts (2002), building the first new major clearing house in the U.K. in over a century (2008), and launching the world's first clearing house for CDS (2009).
Mr. Sprecher has received accolades over the past several years from BusinessWeek, Institutional Investor and numerous industry publications. Mr. Sprecher was selected by MarketWatch as one of five finalists in the prestigious "MarketWatch CEO of the Year" program in 2006. Also in 2006, The Wall Street Journal named ICE the best 1-year performer of all stocks in the newspaper's coverage universe based on its annual return.
Mr. Sprecher serves on the U.S. Commodity Futures Trading Commission (CFTC) Global Market Advisory Committee and is a member of the Energy Security Leadership Council.
Prior to acquiring CPEX, Mr. Sprecher held a number of positions in the power industry. For 14 years, he served as President of Western Power Group, Inc., a developer, owner and operator of large central-station power plants in California.
A native of Wisconsin, Mr. Sprecher earned a Bachelor of Science degree in Chemical Engineering from the University of Wisconsin at Madison and a Master of Business Administration from Pepperdine University in Malibu, California. -
Charles A. VicePresident and Chief Operating Officer, IntercontinentalExchange -
Chuck Vice is a founding member of IntercontinentalExchange (NYSE:ICE). He has served as Chief Operating Officer since July 2001 and President since October 2005. Mr. Vice works with the executive management team in setting corporate objectives and strategies and has day-to-day responsibility for technology, operations, and product development.
Mr. Vice has been a leader in the management and application of information technology in the energy industry for nearly two decades. Prior to the formation of ICE in 2000, Mr. Vice was a Director at Continental Power Exchange (CPEX), an electronic spot market for electric power. Before joining the CPEX startup in 1994, he was a Principal at Energy Management Associates, where he provided consulting services to the electric power and natural gas industries. From 1985 to 1988, Mr. Vice was a Systems Analyst with Electronic Data Systems (General Motors) where he designed and marketed management information systems for auto, airline and financial service industry clients.
Mr. Vice earned a Bachelor of Science degree in Mechanical Engineering from the University of Alabama and a Master of Business Administration from the Owen Graduate School of Management at Vanderbilt University. -
David S. GooneSenior Vice President and Chief Strategic Officer, IntercontinentalExchange -
Dave Goone is Senior Vice President and Chief Strategic Officer of IntercontinentalExchange (NYSE:ICE). He is responsible for all aspects of ICE's product line, including futures products and capabilities for ICE's electronic platform.
Prior to joining ICE in 2001, Mr. Goone was Managing Director and Head of Product Development and Sales at the Chicago Mercantile Exchange (CME). Before joining the CME in 1992, Mr. Goone served as a Vice President at Indosuez Carr Futures, where he was instrumental in developing institutional and corporate business. Prior to joining Indosuez, Mr. Goone worked at Chase Manhattan Bank, where he developed and managed the company's exchange-traded foreign currency options operation at the Chicago Mercantile Exchange.
Mr. Goone earned a Bachelor of Science degree in Accountancy from the University of Illinois at Urbana-Champaign. -
Scott A. HillSenior Vice President and Chief Financial Officer, IntercontinentalExchange -
Scott Hill is Senior Vice President and Chief Financial Officer of IntercontinentalExchange (NYSE: ICE) based in Atlanta, GA. He is responsible for all aspects of ICE's finance and accounting functions, including treasury, tax, cash management and investor relations.
Prior to joining ICE in May 2007, Mr. Hill was Assistant Controller for Financial Forecasts and Measurements at IBM, where he oversaw worldwide financial performance and worked with all global business units and geographies. Mr. Hill began his career at IBM and held various accounting and financial positions in the U.S., Europe, and Japan, including Vice President and Controller of IBM Japan, and Assistant Controller, Financial Strategy and Budgets.
A native of Texas, Mr. Hill earned a Bachelor of Business Administration degree from the University of Texas and completed a Master of Business Administration at the Stern School of Business at New York University. -
Edwin MarcialSenior Vice President and Chief Technology Officer, IntercontinentalExchange -
Edwin Marcial has served as Chief Technology Officer of IntercontinentalExchange (NYSE: ICE) since its establishment in May 2000 and as a Senior Vice President since November 2002. Mr. Marcial is responsible for systems development and ICE's overall technology strategy. He also oversees the software design and development initiatives of ICE's information technology professionals in the areas of project management, software development and quality assurance.
Mr. Marcial has nearly two decades of experience building large-scale information technology systems in the energy industry. Prior to joining ICE, Mr. Marcial was on the software development team at Continental Power Exchange (CPEX), an electronic spot market for electric power. Before joining CPEX in 1996, Mr. Marcial led design and development teams at GE-Harris, building software application for the company's energy management systems.
Mr. Marcial earned a Bachelor of Science degree in Computer Science from the College of Engineering at the University of Florida. -
Jonathan H. ShortSenior Vice President, General Counsel and Corporate Secretary, IntercontinentalExchange -
Johnathan Short is Senior Vice President, General Counsel and Corporate Secretary of IntercontinentalExchange (NYSE: ICE). Mr. Short oversees ICE's legal and government affairs, as well as corporate governance matters.
Before joining ICE in June 2004, Mr. Short was a partner at McKenna, Long & Aldridge, where he practiced in the corporate law group. He joined the commercial litigation department of its predecessor firm, Long Aldridge & Norman, in 1991.
Mr. Short holds a law degree from the University Of Florida College Of Law and a Bachelor of Science degree in Accounting from the University of Florida Fisher School of Accounting. -
David J. PeniketPresident and Chief Operating Officer, ICE Futures Europe -
David Peniket is the President and Chief Operating Officer of ICE Futures Europe, the London-based energy exchange that is part of the IntercontinentalExchange (NYSE: ICE). In this role, Mr. Peniket oversees all technology, market operations and financial functions at ICE Futures Europe. Prior to joining ICE in 2001, Mr. Peniket served as Director of Finance at the International Petroleum Exchange (IPE), today known as ICE Futures Europe, since May 2000. Before joining IPE, Mr. Peniket was an accountant at KPMG since 1992, where he worked as a consultant in the company's financial management practice. In addition, Mr. Peniket served as a Research Assistant to John Cartwright, SDP Member of Parliament prior to assuming a career in finance. Mr. Peniket earned a Bachelor of Science degree in Economics from the London School of Economics and Political Science and is also a Chartered Accountant
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Paul SwannPresident and Chief Operating Officer, ICE Clear Europe -
Paul Swann is the President and Chief Operating Officer of ICE Clear Europe, the wholly-owned European clearing house of IntercontinentalExchange (NYSE: ICE). Mr. Swann was named to his post at ICE in July, 2007 and was instrumental in the launch of ICE Clear Europe in November, 2008. In his role, Mr. Swann oversees all technology, operations and financial functions at the London-based clearing house. Mr. Swann has over 20 years experience in European derivatives and equities clearing, and prior to joining ICE, he was most recently Managing Director, Group Risk and Managing Director, Change for LCH.Clearnet Ltd. During his tenure at LCH.Clearnet Ltd., Mr. Swann held various leadership positions in technology, operations, and risk management. In those roles, Mr. Swann worked closely with ICE on its energy futures and over-the-counter (OTC) clearing business.
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Thomas W. FarleyPresident and Chief Operating Officer, ICE Futures U.S. -
Tom Farley is President and Chief Operating Officer of ICE Futures U.S., a regulated futures exchange subsidiary of IntercontinentalExchange (NYSE: ICE). Mr. Farley also serves as a member of the Board of Directors of ICE Futures U.S. and ICE Clear U.S., its designated clearing house.
Prior to joining ICE in February 2007, Mr. Farley was President of SunGard Kiodex, a risk management technology provider to the commodity derivatives markets. Before becoming President of SunGard Kiodex in 2006, Mr. Farley served as the business unit's Chief Financial Officer and Chief Operating Officer. Mr. Farley has also held various positions in investment banking and private equity.
Mr. Farley holds a Bachelor of Arts degree in Political Science from Georgetown University and is a Chartered Financial Analyst. -
Thomas J. HammondPresident and Chief Operating Officer, ICE Clear U.S. -
Tom Hammond is President and Chief Operating Officer of ICE Clear U.S., the wholly-owned clearinghouse of IntercontinentalExchange (NYSE: ICE). Mr. Hammond oversees all technology, operations and financial functions at the clearing house. The clearing house maintains offices in New York and Chicago.
Prior to joining ICE in August 2007, Mr. Hammond was Managing Director, Trading Operations at the Chicago Board of Trade (later the CME Group), where he played a leadership role in the successful transition to and ongoing operation of the Common Clearing Link. Before joining CME Group in 2003, Mr. Hammond was Executive Vice President and Chief Operating officer of the Board of Trade Clearing Corporation (BOTCC), where he successfully managed the development and implementation of integrated over-the-counter (OTC) clearing systems while expanding clearing services and functionality for regulated futures contract markets.
Mr. Hammond serves on the Board of Directors for the Financial Services Division and the Chicago Operations Division of the Futures Industry Association and participates in the Chicago Federal Reserve Bank's Working Group on Financial Markets.
Mr. Hammond earned a Bachelor of Science degree in Business Administration from Lewis University in Romeoville, IL. -
E. Bradley VannanPresident and Chief Operating Officer, ICE Futures Canada -
Brad Vannan is President and Chief Operating Officer of ICE Futures Canada, a subsidiary of IntercontinentalExchange (NYSE: ICE). ICE Futures Canada is a regulated, agricultural exchange based in Winnipeg. Mr. Vannan was appointed to his position in April, 2007.
Mr. Vannan has over two decades of experience in global agricultural markets. Prior to joining ICE, he was Vice President, Merchandising and Transportation Services at Agricore United, where he had responsibility for four major divisions, including grain merchandising, transportation and logistics, specialty crops operations, and grain accounting. Before joining Agricore in 1994, Mr. Vannan was a grain merchant at James Richardson and Sons and a domestic merchant at Pioneer Grain.
Mr. Vannan previously served on the Board of Directors of the Winnipeg Commodity Exchange, which was the predecessor company of ICE Futures Canada. Mr. Vannan earned a Bachelor of Science in Agriculture from the University of Manitoba. -
Sunil G. HiraniChairman and Chief Executive Officer, Creditex -
Sunil Hirani is a co-founder, Chief Executive Officer and Chairman of Creditex, a wholly-owned subsidiary of IntercontinentalExchange (NYSE: ICE). Since its inception in 1999, Creditex has grown into a global market leader and innovator in the execution and processing of credit derivatives. Headquartered in New York City and serving traders at the world's leading financial institutions, Creditex is the first electronic trading platform in credit derivatives and has received numerous awards for its technology and its outstanding service to the industry.
Mr. Hirani's approach has expanded Creditex's business globally, including the launch of T-Zero, the leading credit derivatives trade capture and affirmation platform, and Q-WIXX, the award-winning platform for trading large portfolios of single-name credit default swaps for hedge funds and buy side clients.
Before founding Creditex in 1999, Mr. Hirani worked at Deutsche Bank and Bankers Trust, where he was involved with numerous aspects of the over-the-counter (OTC) derivatives business. At Deutsche Bank, he was instrumental in the development of the credit derivatives business in North America. He previously worked as a software engineer at Lockheed, where he designed, developed, and implemented software and hardware systems for the NASA space program in Houston.
Crain's New York Business named Mr. Hirani to the "40 Under 40" list in 2006. In 2007, he received the Ernst and Young Entrepreneur of The Year Award for financial services. Mr. Hirani is a member of the national council at Washington University, St. Louis, where he serves on the School of Engineering's National Council and Eliot Society. He is also a member of New York Metro YPO Group as well as the Economic Club of New York.
Mr. Hirani earned a Bachelor of Science degree in Computer Science from Washington University and a Master of Business Administration from Northwestern University -
Dirk J. PruisPresident, ICE Trust -
Dirk Pruis is President of ICE Trust, the wholly-owned credit default swap (CDS) clearing house of IntercontinentalExchange (NYSE: ICE). Mr. Pruis was named to this post in March 2009 and was instrumental in the launch of ICE Trust, the first central counterparty clearing house for CDS in the U.S. As president of ICE Trust, Mr. Pruis oversees all technology operations and financial functions at the clearing house.
Prior to joining ICE, Mr. Pruis was a Managing Director at Goldman, Sachs & Co., where he was responsible for the Bank Relations and Market Infrastructure team in the Operations Division. Before rejoining Goldman, Sachs & Co. (where he previously held a variety of positions between 1994 and 2002), Mr. Pruis served for two years as the Vice President for Advancement at Calvin College and for three and a half years as President and CEO of EquiLend Holdings. From 1985 to 1993, Mr. Pruis was employed by Deloitte & Touche in its Financial Services Center in New York and Touche Ross & Co. in Grand Rapids, Michigan as senior manager, manager and consultant.
Mr. Pruis earned a Bachelor of Science degree in Business and Accounting from Calvin College and a Masters of Business Administration from the University of Michigan, Graduate School of Business. Mr. Pruis was formerly a certified public accountant and is Series 7, Series 24 and Series 27 licensed.
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