ICE Announces April 12 Opening of NYC Trading CenterState-of-the-art Facility Offers Professional Traders Access to Global Electronic Markets
NEW YORK, April 9 /PRNewswire-FirstCall/ -- IntercontinentalExchange
(NYSE: ICE), the leading electronic energy marketplace and soft commodity
exchange, announced that its new state-of-the-art ICE Trading Center at 2
World Financial Center in lower Manhattan will open this Thursday, April 12.
The center is adjacent to the New York Board of Trade (NYBOT), ICE's U.S.-
based futures and options exchange.
The new ICE Trading Center is located at the mezzanine level in the Winter
Garden of the World Financial Center. This electronic trading center will
serve qualified professional traders and provide access to ICE's electronic
markets across energy, soft commodities, and soon, foreign exchange and index
products. In addition, access to other derivatives and securities markets
will be available so that traders can view and trade a broad range of markets.
Available front-ends include WebICE, Trading Technologies (TT) and CQG, with
others available on request. The center will also host electronic trading
training courses.
"We saw a unique opportunity to leverage our location in lower Manhattan
and our technology to address the demand for participation in ICE's growing
electronic derivatives marketplace," said ICE's Chairman and CEO, Jeffrey C.
Sprecher. "Our venue offers new and existing customers the opportunity to
participate in the continued growth of ICE and NYBOT global markets, as well
as to access other derivatives and securities markets from a high quality
trading environment."
In December 2006, ICE announced the lease of space and its plans to locate
the trading facility at the World Financial Center, one of the premier
business addresses in New York City. The World Financial Center is owned and
managed by Brookfield Properties, one of North America's largest commercial
real estate companies.
The center is accessible by authorized market participants and qualified
trainees and will feature the latest in technology, connectivity and
communications to support the requirements of professional traders. Each of
the dozens of workstations is outfitted with high performance computers with
dual flat screen monitors and telephones. The center is equipped with large-
format flat screen televisions displaying market news, a video conference and
training room, fax and copy machines, and kitchen facilities. The center will
be staffed with security and technical support during the business hours of
7:00 a.m. to 6:00 p.m. ET each trading day. Applications are being accepted
for a limited number of seats, and usage fees and volume requirements apply;
please visit https://www.theice.com/nytradingcenter for more information.
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 http://www.theice.com and http://www.nybot.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995
Statements in this press release regarding IntercontinentalExchange's
business that are not historical facts are "forward-looking statements" that
involve risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from those contained
in the forward-looking statements, see the Company's Securities and Exchange
Commission filings, including, but not limited to, the risk factors in the
Company's Annual Report on Form 10-K for the year ended December 31, 2006, as
filed with the Securities and Exchange Commission on February 26, 2007.
SOURCE IntercontinentalExchange