ICE Endex to Introduce German Power Contracts
AMSTERDAM & LONDON--(BUSINESS WIRE)--
IntercontinentalExchange Group (NYSE: ICE), the leading global network
of exchanges and clearing houses today announced that ICE Endex, the
leading energy exchange in continental Europe, will launch German Power
futures and options contracts on June 10, 2014.
The introduction of German Power futures and options is the first new
product launch on ICE Endex since the exchange was acquired by ICE and
N.V. Nederlandse Gasunie in March 2013. The new contracts offer market
users the opportunity to trade and clear UK, German, Dutch and Belgian
power contracts on the same platform; and form part of ICE’s extensive
global energy offering across oil, natural gas, power, coal and
emissions.
The ICE Endex German Power contracts will be physically delivered and
available to trade on the ICE trading platform and cleared by ICE Clear
Europe. The following contracts will be available for trading:
ICE Endex German Power Base Load Future
ICE Endex German Power Base Load Option
ICE Endex German Power Peak Load Future
Pieter Schuurs, President, ICE Endex said: “The addition of German Power
contracts is a significant extension for ICE’s European energy
portfolio, providing customers with important cross-product margin
efficiencies as the contracts will be cleared alongside more than 800
ICE energy products. The product will also benefit from the wide
distribution of the ICE platform, connecting thousands of participants
across the global energy markets.”
ICE Endex offers spot
and futures markets for European gas and power. In October 2013 the
exchange migrated its futures market to the ICE trading platform and ICE
Clear Europe; and in April 2014, the Dutch TTF and Belgian ZTP spot
markets were transitioned to the ICE trading platform. Most recently,
along with operating the market balancing for the Belgian Zeebrugge
Trading Point (ZTP) and the UK’s On-the-Day Commodity market (OCM), ICE
Endex announced that it had been appointed the balancing market operator
for the Netherlands’ TTF, effective from June 3, 2014.
About IntercontinentalExchange Group
IntercontinentalExchange Group (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, Liffe and Euronext.
Trademarks of ICE and/or its affiliates include
IntercontinentalExchange, ICE, ICE block design, NYSE Euronext, NYSE,
New York Stock Exchange, LIFFE and Euronext. Information regarding
additional trademarks and intellectual property rights of
IntercontinentalExchange Group, Inc. and/or its affiliates is located at https://www.theice.com/terms.jhtml
and http://www.nyx.com/terms-use.
ICE Safe Harbour Statement
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 IntercontinentalExchange
ICE-ENGY

Media Contact:
IntercontinentalExchange Group
Claire
Miller
+44 20 7065 7745
claire.miller@theice.com
or
Adaora
Anunoby
+44 20 7429 7147
aanunoby@nyx.com
or
Investor
Contact:
Kelly Loeffler
SVP, Corp. Comm, Marketing and
Investor Relations
+1 770 857 4726
kelly.loeffler@theice.com
Source: IntercontinentalExchange Group