LONDON, Oct. 24, 2013 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, today announced that ICE Futures Europe reached an open interest record of 7,008 contracts in ICE Low Sulphur Gasoil futures on October 23, 2013. The previous volume record was 6,977 contracts on July 5, 2012.
Volumes for ICE Low Sulphur Gasoil related derivatives instruments, such as the ICE Low Sulphur Gasoil First Line crack vs Brent future, have seen increased growth in recent months with many related contracts achieving record volumes. On October 4, 2013, the ICE Low Sulphur Gasoil First Line crack vs Brent future traded a record 3,359 contracts (1,000/bbl lot equivalents).
ICE offers 13 related derivatives instruments for low sulphur gasoil futures and options. Total open interest for these related ICE Low Sulphur Gasoil derivatives instruments was 84 million barrels as at October 18, 2013, which is equivalent to around 113,000 Low Sulphur Gasoil contracts.
The ICE Low Sulphur Gasoil futures contract is based on a 0.001% sulphur (10 ppm) diesel barge specification, reflecting the underlying European middle distillate market which has moved towards a low sulphur grade in recent years. The existing ICE Gasoil futures contract, which is based on a higher sulphur specification of 0.1% (1,000ppm), will trade up to and including January 2015.
IntercontinentalExchange (NYSE: ICE) is a leading operator of regulated exchanges and clearing houses serving the risk management needs of global markets for agricultural, credit, currency, emissions, energy and equity index products. www.theice.com.
The following are trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies: IntercontinentalExchange, ICE, ICE and block design, ICE Futures Europe, ICE Clear Europe, ICE Clear Canada, ICE Clear US, ICE Clear Credit, ICE Futures U.S., and ICE OTC. 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, 2012, as filed with the SEC on February 6, 2013.
|ICE Futures Europe Sets Daily Volume Record in Coal Futures ()|
|IntercontinentalExchange Sets Daily Open Interest Record for ICE WTI Crude Futures ()|
|ICE Futures Canada Sets Daily Volume Record in Canola Futures (2014/2/14)|
|ICE Futures Canada Sets Daily Volume Record in Canola Futures (2013/12/5)|
|Montréal Exchange Sets New Open Interest Record on BAX™ (2014/1/27)|
|ICE Futures Europe announces successful transition of Brent crude oil futures and options to new expiry calendar ()|
|Montreal Exchange Achieves New Open Interest Records on BAX™ and OBX (2013/12/5)|
|NYSE Liffe Sets Daily Volume Record in FTSE 100 Index Futures (2014/3/19)|
|ICE U.K. NBP Natural Gas Futures Set Daily Volume Record (2014/3/4)|
|ICE Endex Sets Daily Volume Record in Dutch TTF Natural Gas Futures ()|
|Start Premium Trial||Register For Free|
|P||F||Fund Financial Data (13,000+ funds)|
|P||F||Stock Financial Data (7,000+ stocks)|
|P||F||Stock and Fund Screeners (basic)|
|P||F||Investing Articles and Market Commentary|
|P||F||Articles Archive (>30 days)|
|P||F||Discuss (dozens of stock, fund, bond, and general bulletin boards)|
|P||F||Portfolio Manager (basic)|
|P||F||Morningstar Investment Classroom|
|P||F||Access Your Portfolio Anytime, Anywhere via Your Mobile Device|
|P||Morningstar Fund Analyst Reports (full research on 1,700 funds, ETFs, and CEFs)|
|P||Morningstar Stock Analyst Reports (full research on more than 1,100 stocks)|
|P||Portfolio Manager (advanced with 10 X-Ray analyses, including recommendations)|
|P||Portfolio Monitor (monthly and on-demand personalized portfolio statements)|
|P||Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)|
|P||Morningstar 5-Star Stock and Fund Favorites & Red Flags eNewsletters|
|P||Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)|
|P||Discounts on Morningstar newsletters, books, seminars, and more|
Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.
Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.