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IntercontinentalExchange To Transition Cleared Energy Swaps To Futures In October

ATLANTA, Sept. 4, 2012 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced that due to the strong preference of our customer base to trade futures as soon as practical, ICE has accelerated its plans to transition cleared OTC energy swaps and options to futures. The transition will now take effect on October 15, 2012.

(Logo: http://photos.prnewswire.com/prnh/20090727/CL51999LOGO )

"After further consultation with customers we determined that it was best to move this transition to October in order to support the daily hedging and risk management requirements of commercial participants," said ICE President and Chief Operating Officer Charles A. Vice.

As previously announced, these products will continue to be listed and traded on the ICE platform and cleared at ICE Clear Europe, and block trades will continue to be available subject to applicable requirements. All uncleared swaps will continue to be listed on ICE's OTC platform, which will register as a swap execution facility when the SEF rules are finalized.

Cleared North American natural gas, electric power, and environmental products will be listed as futures on the ICE Futures U.S. energy division. Cleared oil products, freight, iron ore and natural gas liquid swaps will be listed as futures on ICE Futures Europe. All products will continue to clear at ICE Clear Europe, which was approved as a CFTC-regulated derivatives clearing organization in 2010.

ICE had previously planned to transition in January of 2013.

Additional information and updates on the transition can be found at: www.theice.com/S2F

About IntercontinentalExchange

IntercontinentalExchange (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, ICE Clear Europe, ICE Clear Canada, ICE Clear US, 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, 2011, as filed with the SEC on February 8, 2012, and ICE's Quarterly Report on Form 10-Q for the quarter ended June 30, 2012, as filed with the SEC on August 1, 2012.

ICE-CORP

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