ICE Futures Europe Announces Record Daily Volume in Low Sulphur Gasoil Related Contracts
LONDON--(BUSINESS WIRE)--
Intercontinental Exchange (NYSE: ICE), the leading global network of
exchanges and clearing houses, announced today that ICE Futures Europe
reached a daily volume record in trade for ICE Low Sulphur Gasoil
futures. A new total daily volume record for ICE Low Sulphur Gasoil
futures across ‘G’
and ‘ULS’
code contracts was set on Tuesday, October 14, 2014 with 67,110
contracts traded. The previous total daily volume record of 38,346
contracts was established Monday, October 13, 2014.
The two ICE Low Sulphur specification Gasoil futures contracts now
represent approximately one third of total open interest for Gasoil
Futures at ICE Futures Europe, with an open interest of 157,132
contracts as of today.
In May
of this year, after an extensive market consultation, ICE Futures
Europe announced that the Exchange would automatically extend the G
contract beyond January 2015. The specification change of the G
contract to 10ppm Low Sulphur Gasoil content, would take effect from the
February 2015 contract month; and open interest in the existing Low
Sulphur Gasoil futures (ULS)
beyond February 2015 would also automatically transition of to the new G
equivalent contracts on the effective date.
About Intercontinental Exchange
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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.
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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

Media Contact:
Adaora Anunoby
+44 20 7429 7147
aanunoby@theice.com
or
Investor
Contact:
Kelly Loeffler
+1 770 857 4726
kelly.loeffler@theice.com
Source: Intercontinental Exchange