ICE Announces January 25 Launch for 23 New Cleared OTC Energy Contracts

ATLANTA, Dec. 23 /PRNewswire-FirstCall/ -- IntercontinentalExchange, Inc. ICE, a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced today it will introduce 23 new cleared OTC North American natural gas and power contracts. The new cleared swaps and options will be available for the trade date of Monday, January 25, 2010.

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With the products announced today, ICE will offer more than 310 cleared OTC energy contracts, including 226 new OTC contracts since the launch of ICE Clear Europe in November 2008.

The new cleared OTC contracts available beginning January 25 are:

Natural Gas

• Platts IF ONEOK Gas Transportation Gas Basis Swap (ONE)
• Platts IF Algonquin Citygates Gas Basis Swap (ALQ)
• Platts IF Trunkline, LA Basis Swap (TRL)

Power

• JCPL Zone DA LMP, Peak Daily (JCA)
• JCPL Zone DA LMP, Peak Monthly (JCB)
• JCPL Zone DA LMP, Off-Peak Daily (JCC)
• JCPL Zone DA LMP, Off-Peak Monthly (JCD)
• NI Hub DA LMP, Peak Daily (NIA)
• NI Hub DA LMP, Peak Monthly (NIB)
• NI Hub DA LMP, Off-Peak Daily (NIC)
• NI Hub DA LMP, Off-Peak Monthly (NID)
• PJM Eastern Hub DA LMP, Peak Daily (PEA)
• PJM Eastern Hub DA LMP, Peak Monthly (PEB)
• PJM Eastern Hub DA LMP, Off-Peak Daily (PEC)
• PJM Eastern Hub DA LMP, Off-Peak Monthly (PED)
• AD Hub DA, Peak Daily (ADA)
• AD Hub DA, Peak Monthly (ADB)
• AD Hub DA, Off-Peak Daily (ADC)
• AD Hub DA, Off-Peak Monthly (ADD)
• MISO Cinergy Hub RT LMP, Peak Monthly (MCG)
• MISO Cinergy Hub RT LMP, Peak Monthly Options (MCG)
• PJM WH Real Time Hub RT LMP, Peak Cal 1X Monthly (PMZ)
• PJM WH Real Time Hub RT LMP, Peak Cal 1X Options (PMZ)

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.

About IntercontinentalExchange

IntercontinentalExchange(®) 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.

SOURCE IntercontinentalExchange