Aug. 14, 2013
/PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, today reported a daily record for open interest in ICE West Texas Intermediate (WTI) Light Sweet Crude Oil futures contracts traded on ICE Futures Europe of 650,583 contracts on
. The previous daily open interest record was 649,982 on
November 8, 2007
The ICE WTI futures contract offers participants the opportunity to trade one of the world's most liquid oil commodities on screen alongside the global oil price marker, ICE Brent futures. The ICE WTI futures contract is cash settled against the prevailing market price for U.S. light sweet crude and is priced in USD per barrel.
Open interest is the number of futures and option contracts that have not yet been exercised, expired, or fulfilled by delivery.
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.
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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