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Press release from PR Newswire

ICE Announces March 19 Launch of 28 New Cleared OTC Contracts

Thursday, March 01, 2012

ICE Announces March 19 Launch of 28 New Cleared OTC Contracts06:16 EST Thursday, March 01, 2012ATLANTA, March 1, 2012 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced the launch of 28 new cleared OTC contracts for natural gas liquids, North American natural gas, North American power, crude and refined petroleum products.(Logo:  http://photos.prnewswire.com/prnh/20090727/CL51999LOGO )All of the new contracts will be available for the trade date of Monday, March 19, 2012, subject to Energy Risk Committee approval and regulatory non-objection. With the products announced today, ICE will offer over 670 cleared OTC energy contracts, including more than 580 new cleared OTC contracts since the launch of ICE Clear Europe in November 2008.The new contracts are:Natural Gas LiquidsEthane, Mt Belvieu - ENT FP for OPIS Average Price Option (ETE)          Propane, Mt Belvieu - LST FP for OPIS Average Price Option (PRL)        North American Natural GasPanhandle Fixed Price Swap (OPP)(1) Panhandle Option (OPP) EP San Juan Fixed Price Swap (OPU)(1) EP San Juan Option (OPU) Socal Border Fixed Price Swap (OPS)(2) Socal Border Option (OPS)North American PowerPJM AECO Zone DA LMP Peak Monthly (PTB) PJM AECO Zone DA LMP Off-Peak Monthly (PTD)           PJM APS Zone DA LMP Peak Monthly (PUB)         PJM APS Zone DA LMP Off-Peak Monthly (PUD)  PJM DPL Zone DA LMP Peak Monthly (PXB)         PJM DPL Zone DA LMP Off-Peak Monthly (PXD)   PJM PENELEC Zone DA LMP Peak Monthly (PZB)            PJM PENELEC Zone DA LMP Off-Peak Monthly (PZD)                  Global Oil and Refined Petroleum ProductsUSGC Jet Fuel vs Brent NX 1st Line Swap (BNU)(3) Low Sulphur Gasoil 1st Line Balmo Swap (VEA-VFE)        Low Sulphur Gasoil 1-Month Calendar Spread Option (UUM) 0.1% Gasoil CIF MED Cargoes vs Low Sulphur Gasoil 1st Line Balmo Swap (VFF-VGJ)(4) 0.1% Gasoil CIF NWE Cargoes vs Low Sulphur Gasoil 1st Line Balmo Swap (VGK-VHO)(4) 0.1% Gasoil FOB RDAM Barges vs Low Sulphur Gasoil 1st Line Balmo Swap (VHP-VIT)(4) Diesel 10 ppm (UK) CIF NWE Cargoes vs Low Sulphur Gasoil 1st Line Balmo Swap (VIU-VJY)(4) Diesel 10 ppm FOB RDAM Barges vs Low Sulphur Gasoil 1st Line Balmo Swap (VJZ-VLD)(4) Diesel 10ppm CIF NWE (Le Havre) Cargoes vs Low Sulphur Gasoil 1st Line Balmo Swap (VLE-VMI)(4) ULSD 10 ppm CIF MED Cargoes vs Low Sulphur Gasoil 1st Line Balmo Swap (VMJ-VNN)(4) ULSD 10 ppm CIF NWE Cargoes vs Low Sulphur Gasoil 1st Line Balmo Swap (VNO-VOS)(4)        Jet CIF NWE Cargoes vs Low Sulphur Gasoil 1st Line Balmo Swap (VOT-VPX)(4)(1.)  These contracts reference Platts Inside FERC's Gas Market Report.(2.)  This contract references Intelligence Press's NGI.(3.)  This contract references Platts U.S. Marketscan.(4.)  These contracts reference Platts European Marketscan.ICE Clear Europe enables 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. Editor's NotePlatts, a division of The McGraw-Hill Companies, is a leading global energy, petrochemicals and metals information provider. "Platts", "Platts Inside FERC's Gas Market Report", "Platts Crude Oil Market Wire", "Platts U.S. Marketscan" and "Platts European Marketscan" are trademarks of The McGraw-Hill Companies.  Platts' data and trademarks are proprietary and are used under license. Platts does not sponsor, endorse, sell or promote exchange contracts and Platts accepts no liability for the use of Platts data in connection therewith.  About IntercontinentalExchangeIntercontinentalExchange (NYSE: ICE) is a leading operator of regulated futures exchanges and over-the-counter markets for agricultural, credit, currency, emissions, energy and equity index contracts. 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, currencies and Russell Index markets. ICE is also a leading operator of central clearing services for the futures and over-the-counter markets, with five regulated clearing houses across North America and Europe. ICE serves customers in more than 70 countries. www.theice.com  The following are trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies: IntercontinentalExchange, ICE, ICE and block design, ICE Futures Europe and ICE Clear Europe. 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.jhtmlSafe 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, 2011, as filed with the SEC on February 8, 2012.ICE-ENGYSOURCE IntercontinentalExchangeFor further information: CONTACT: Media, Claire Miller, Corporate Communications, +44 20 7065 7745, claire.miller@theice.com, or Lee Underwood, +1-770-857-0342, lee.underwood@theice.com, or Investor, Kelly Loeffler, VP Investor Relations & Corp. Communications, +1-770-857-4726, kelly.loeffler@theice.com, all of IntercontinentalExchange