ICE Brent Crude Benchmark Sets New Daily Volume Record
LONDON--(BUSINESS WIRE)--
Intercontinental Exchange (NYSE: ICE), the leading global network of
exchanges and clearing houses, today announced that ICE Brent Crude
futures achieved a daily volume record of 1,451,481 contracts on July
11, 2014. The previous daily volume record was 1,221,190 on June 23,
2011.
Year to date, total contract volume for ICE Brent futures is 80,878,738
contracts and open interest stands at 1,506,178 contracts as at July 11,
2014. Open interest reached record levels in June 2014.
Since 2012, ICE Brent has consolidated its role as the world’s largest
and most globally relevant crude oil futures contract in terms of
liquidity and volume traded. Introduced in 1988, the Brent futures
contract has evolved to reflect changing market fundamentals and the
hedging requirements of market participants across the globe.
In December 2013, after an extensive consultation with the trading
community, ICE
Futures Europe successfully transitioned Brent crude oil futures and
options to a new 'month-ahead' expiry calendar.
About Intercontinental Exchange
Intercontinental Exchange (NYSE: ICE) is the leading network of
regulated exchanges and clearing houses for financial and commodity
markets. ICE delivers transparent, reliable and accessible data,
technology and risk management services to markets around the world
through its portfolio of exchanges, including the New York Stock
Exchange, ICE Futures and Liffe.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE, New York Stock Exchange and
LIFFE. Information regarding additional trademarks and intellectual
property rights of Intercontinental Exchange, Inc. and/or its affiliates
is located at www.intercontinentalexchange.com/terms-of-use
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995 - Statements in this press release regarding ICE's business that
are not historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of additional risks and
uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see ICE's Securities and
Exchange Commission (SEC) filings, including, but not limited to, the
risk factors in ICE's Annual Report on Form 10-K for the year ended
December 31, 2013, as filed with the SEC on February 14, 2014.
SOURCE: Intercontinental Exchange
ICE-ENGY

Intercontinental Exchange
Media Contact:
Claire Miller
+44
20 7065 7745
claire.miller@theice.com
or
Investor
Contact:
Kelly Loeffler
+1 770 857 4726
kelly.loeffler@theice.com
Source: Intercontinental Exchange