ICE Announces 40 New OTC Cleared Energy Contracts

ATLANTA, Nov. 10 /PRNewswire-FirstCall/ -- IntercontinentalExchange, Inc. (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced today the introduction of 40 new OTC cleared energy contracts for North American natural gas, power, natural gas liquids and global oil products. These cleared OTC swaps and options will be available for the trade date of Monday, December 7, 2009. The new cleared oil contracts include a differential calendar swap contract and a differential trade-month swap contract based on the Argus Sour Crude Index (ASCI). The two ASCI swap contracts will be available Friday, November 13.

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With the products announced today, ICE offers a total of 280 cleared OTC energy contracts, including nearly 190 new OTC contracts since the launch of ICE Clear Europe in November 2008.

The new cleared OTC contracts available beginning December 7 are:

Natural Gas

• Platts IF Columbia Gulf Mainline Basis Swap (CGB)
• Platts IF EP-Permian Index Swap (PEI)
• Platts GDD EP-Permian Swing Swap (PES)
• Platts IF NGPL-Texok Index Swap (NTI)
• Platts GDD NGPL-Texok Swing Swap (NTS)
• Platts IF NWP-Rockies Index Swap (RSI)
• Platts IF NWP-Sumas Index Swap (NIS)
• Platts IF Waha Index Swap (WAI)
• Platts GDD Waha Swing Swap (WAS)
  

Power

• PEPCO Zone DA LMP, Peak Daily (PPE)
• PEPCO Zone DA LMP, Peak Month (PPF)
• PEPCO Zone DA LMP, Off-Peak Daily (PPG)
• PEPCO Zone DA LMP, Off-Peak Month (PPH)
• Mid C RT Mini Peak Monthly (MDF)
• Mid C RT Mini Peak Option (MDF)
  

Natural Gas Liquids

• Natural Gasoline, Conway, FP for OPIS (NGC)
• Propane, Mt Belvieu - ENT (non-TET) FP for OPIS BALMO Swap (PRO)
• Propane, Mt Belvieu - LDH (TET) FP for OPIS BALMO Swap (PRM)
• N-BUTISO, Mt Belvieu - ENT FP for OPIS BALMO Swap (NBJ)
  

Global Oil and Refined Products

• Argus Sour Crude Index (ASCI) Diff Calendar Swap (TAB)*
• Argus Sour Crude Index (ASCI) Diff Trade-Month Swap (TOB)*
• WTI Crude Oil 1-Month Calendar Spread Option (TIA)
• WTI Crude Oil 12-Month Calendar Spread Option (TIZ)
• Brent Crude Oil 1-Month Calendar Spread Option (BRM)
• Brent Crude Oil 12-Month Calendar Spread Option (BRZ)
• Gasoil 1-Month Calendar Spread Option (GOA)
• Platts Jet Fuel Cargoes CIF NWE vs ICE Gasoil BALMO Swap (JES)
• Platts 3.5% Fuel Oil FOB MED Swap (FOM)
• Platts 3.5% Fuel Oil FOB MED BALMO Swap (FON)
• Platts 1% FOB Barges RDAM BALMO Swap (FOC)
• Argus Eurobob Oxy FOB Rotterdam Barges Swap (AEO)
• Argus Eurobob Oxy FOB Rotterdam Barges BALMO Swap (AEP)
• Argus Eurobob Oxy FOB Rdam vs Brent 1st Line BALMO Swap (Crack Spread) (AES)
• Platts Fuel Oil 1% CIF Med Cargo Swap (CIF)
• Platts Fuel Oil 1% CIF Med Cargo BALMO Swap (CIG)
• Platts Fuel Oil 1% NYH versus 1% FOB NWE Cargo Swap (FOH)
• Brent 1st Line BALMO Swap (BSQ)
• ICE Gasoil 1st Line BALMO Swap (GSQ)
• Argus Biodiesel RME FOB RDAM Swap (ABI)
• Argus FAME 0 Biodiesel FOB Rotterdam Swap (FAM)
  

* The two ASCI swap contracts will be available Friday, November 13.

As the first new major clearing house in London in over a century, ICE Clear Europe is enabling the efficient development of new products to support the risk management needs of member firms and customers in ICE's global energy futures and OTC markets. In 2002, ICE pioneered the concept of cleared OTC energy contracts, which provide participants with access to centralized clearing and settlement arrangements while reducing bilateral credit risk and capital required for each OTC trade.

Contract specifications and a full list of ICE's cleared OTC contracts can be found at www.theice.com/markets_otc.jhtml.

Editor's Note
"Argus", "Argus Sour Crude Index" and "ASCI" are trade marks of Argus Media Limited and are used under license. All intellectual property rights in the Argus indices referred to herein belong to Argus Media. Argus Media accepts no liability to third parties arising from or in connection with any use of the Argus indices.

About IntercontinentalExchange
IntercontinentalExchange(®) (NYSE: ICE) operates leading regulated exchanges, trading platforms and clearing houses serving the global markets for agricultural, credit, currency, emissions, energy and equity index markets. ICE Futures Europe(®) hosts trade in half of the world's crude and refined oil futures. ICE Futures U.S.(®) and ICE Futures Canada(®) list agricultural, currency and Russell Index markets. ICE(®) offers trade execution and processing for the credit derivatives markets through Creditex(®) and ICE Link(TM), respectively, and CDS clearing through ICE Trust(TM). A component of the Russell 1000(®) and S&P 500 indexes, ICE serves customers in more than 50 countries and is headquartered in Atlanta, with offices in New York, London, Chicago, Winnipeg, Calgary, Houston and Singapore. www.theice.com

The following are trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies: IntercontinentalExchange, IntercontinentalExchange & Design, ICE, ICE and block design, ICE Futures Canada, ICE Futures Europe, ICE Futures U.S., ICE Trust, ICE Clear Europe, ICE Clear U.S., ICE Clear Canada, The Clearing Corporation, U.S. Dollar Index, ICE Link and Creditex. All other trademarks are the property of their respective owners. For more information regarding registered trademarks owned by IntercontinentalExchange, Inc. and/or its affiliated companies, see https://www.theice.com/terms.jhtml

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 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, 2008, as filed with the SEC on February 11, 2009.