IntercontinentalExchange (ICE) Reports August Volume

September 5, 2007 8:59 AM EDT
IntercontinentalExchange (NYSE: ICE) reported volume increases for the month of August 2007 in each of the company's three execution venues compared to last August.

Average daily volume (ADV) for ICE Futures Europe was 521,339 contracts in August 2007, an increase of 28.4% over ADV in August 2006; ADV at ICE Futures U.S. (formerly the New York Board of Trade), was 186,285 contracts in August 2007, up 12.5% over August 2006; Average daily commissions in ICE's over-the-counter (OTC) segment were $875,032, a 9.6% increase over August 2006; In September, ICE will begin including the Winnipeg Commodity Exchange (WCE) volume in the monthly volume reports. ICE closed on the transaction to acquire WCE on August 28, 2007; and Yesterday, WCE reported August contract volume of 205,376, an increase of 16.4% over August 2006.

ICE Futures Europe reported total volume in August 2007 of 11,990,805 contracts, up 28.4% compared to 9,338,903 contracts in August 2006, representing its second highest volume month. ADV also rose 28.4% from 406,039 contracts in August 2006 to 521,339 contracts in August 2007. Several ICE Futures Europe contracts traded at or near record levels during August.

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