Nov. 3, 2009 (PR Newswire) -- ATLANTA, Nov. 3 /PRNewswire-FirstCall/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, today reported volume growth across its three futures exchanges for the month of October 2009. Average daily volume (ADV) for ICE's futures markets was 1,076,498 contracts, an increase of 1% from October 2008. Year-to-date through October 31, 2009, ADV across ICE's futures exchanges was 1,036,352 contracts, an increase of 11% compared to the first ten months of 2008. Total futures volume for the month of October was 23.7 million contracts.
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October 2009 Review
-- Through October 31, 2009, ICE's CDS clearing houses cleared over $3.5
trillion in notional value across 43,353 transactions.
-- Since its inception in March 2009, ICE Trust has cleared $2.6
trillion of notional value, resulting in $187 billion of open
interest.
-- ICE Clear Europe has cleared euro 631 billion ($931 billion) of
notional value since its July 2009 launch, resulting in euro 68
billion of open interest.
-- On October 1, ICE announced Sir Callum McCarthy's appointment to the
IntercontinentalExchange Board of Directors.
-- On October 2, ICE announced that testing for its buy-side CDS clearing
solution was expected to be underway at the end of October, and ICE now
expects the rollout in the fourth quarter, subject to regulatory
approval, and in advance of the December 15 commitment made by the
industry participants to regulators.
-- On October 28, ICE Trust was recognized for "Best innovation by a
clearing house, Americas" and ICE Clear Europe was recognized for "Best
innovation by a clearing house, Europe, Middle East and Africa" by FOW,
a leading global derivatives publication.
-- Trading days in October 2009:
-- ICE Futures Europe: 22
-- ICE Futures U.S.: 22
-- ICE Futures Canada: 21
-- ICE Futures Europe records achieved in October 2009:
-- The exchange established a month-end open interest record of
2,920,790 contracts, an increase of 39% from December 31, 2008.
-- Open interest records were also established for ICE Gasoil futures,
ICE U.K.