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ICE Futures Singapore Sets Daily Volume Record in Mini Brent Crude Futures

Dec 10, 2015

LONDON--(BUSINESS WIRE)-- Intercontinental Exchange (NYSE:ICE), the leading global network of exchanges and clearing houses, announced today that ICE Futures Singapore achieved a daily volume record in mini Brent Crude futures with 14,188 contracts traded on December 9, 2015.

Since the launch of ICE Futures Singapore and ICE Clear Singapore on November 17, 2015, total volume and open interest for mini Brent Crude futures is 88,067 contracts and 7,980 contracts respectively, as of December 9, 2015.

Alongside mini Brent Crude futures, ICE Futures Singapore also launched mini low sulphur gasoil futures, kilo gold futures, mini onshore Renminbi futures and mini offshore Renminbi futures. These five contracts were introduced based on market feedback and complement ICE’s existing portfolio of financial and commodity benchmark contracts offered in Europe and the U.S.

Across energy, gold and FX, total volume of 111,136 contracts have been traded since launch at ICE Futures Singapore.

The establishment of ICE Futures Singapore and ICE Clear Singapore supports an expanded customer base and the further development of the Asian derivatives markets. ICE has had a presence in Singapore since 2000 serving customers in the global energy markets. In recent years, Asia-based trading activity in ICE's benchmark commodity and interest rate products has been rising as the region assumes a greater role in global derivatives markets.

ICE Futures Singapore and ICE Clear Singapore operate under the oversight of the Monetary Authority of Singapore (MAS).

About Intercontinental Exchange

Intercontinental Exchange (NYSE: ICE) operates the leading network of regulated exchanges and clearing houses. ICE’s futures exchanges and clearing houses serve global commodity and financial markets, providing risk management and capital efficiency. The New York Stock Exchange is the world leader in capital raising and equities trading.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. 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, 2014, as filed with the SEC on February 5, 2015.

SOURCE: Intercontinental Exchange

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ICE
Media Contact:
Claire Miller
+44 207 065 7745
claire.miller@theice.com
or
Investor Contact:
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+1 770 857 4726
kelly.loeffler@theice.com

Source: Intercontinental Exchange

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