Winnipeg Commodity Exchange To Become ICE Futures Canada
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ATLANTA and WINNIPEG, Manitoba, Dec. 31 /PRNewswire-FirstCall/ -- IntercontinentalExchange (NYSE: ICE), a leading global exchange operator and over-the-counter (OTC) energy marketplace, announced that its Winnipeg Commodity Exchange (WCE) subsidiary will be known as ICE Futures Canada, effective January 1, 2008. The new name is in line with ICE's other futures subsidiaries, ICE Futures U.S.(TM) and ICE Futures Europe(TM). WCE was established in 1887 and today offers futures and options contracts on canola, domestic feed wheat and western barley. ICE acquired Winnipeg Holdings Inc. and the all-electronic WCE on August 28, 2007. All trading on the exchange transitioned to the ICE electronic platform on December 10, 2007. "Following the successful integration into the ICE family, WCE will take on the ICE brand in 2008, enabling us to fully leverage the resources of our company as well as bring together the diverse range of products ICE offers on a global platform," said ICE Chairman and Chief Executive Officer Jeffrey C. Sprecher. WCE is Canada's only agricultural commodity exchange and North America's first fully electronic agricultural exchange. Its Canola futures contract is the world's leading canola contract. More information about trading WCE products on ICE can be found on the ICE website at https://www.theice.com/wce.jhtml. About IntercontinentalExchange IntercontinentalExchange(R) (NYSE: ICE) operates global commodity and financial products marketplaces, including the world's leading electronic energy markets and soft commodity exchange. ICE's diverse futures and over- the-counter (OTC) markets offer contracts based on crude oil and refined products, natural gas, power and emissions, as well as agricultural commodities including canola, cocoa, coffee, cotton, ethanol, orange juice, wood pulp and sugar, in addition to foreign currency and equity index futures and options. ICE(R) conducts its energy futures markets through ICE Futures Europe(TM), its London-based futures exchange, which offers the world's leading oil benchmarks and trades nearly half of the world's global crude futures in its markets. ICE conducts its soft commodity, foreign exchange and equity index markets through its U.S. futures exchange, ICE Futures U.S.(TM), which provides global futures and options markets, as well as clearing services through ICE Clear U.S.(TM) In August 2007, ICE acquired the Winnipeg Commodity Exchange Inc., the leading agricultural futures exchange in Canada. ICE's state-of-the-art electronic trading platform brings market access and transparency to participants in more than 50 countries. ICE was added to the Russell 1000(R) Index in June 2006 and the S&P 500 Index in September 2007. Headquartered in Atlanta, ICE also has offices in Calgary, Chicago, Dublin, Houston, London, New York, Singapore and Winnipeg. For more information, please visit www.theice.com. 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 such 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, 2006, and the Quarterly Reports on Form 10-Q for the quarters ended March 31, June 30 and September 30, 2007, each as filed with the SEC on February 26, 2007, May 4, 2007, July 27, 2007 and October 26, 2007, respectively. SOURCE IntercontinentalExchange Investors, Kelly Loeffler, VP, Investor Relations & Corp. Communications, +1-770-857-4726, email@example.com; Sarah Stashak, Director, Investor & Public Relations, +1-770-857-0340, firstname.lastname@example.org, both of IntercontinentalExchange; or Media, Ellen G. Resnick of Crystal Clear Communications, +1-773-929-9292, or cell, +1-312-399-9295, eresnick@crystalclearPR.com, for IntercontinentalExchange