ICE Statement on Flash Trading
29 Juillet 2009 - 8:18PM
PR Newswire (US)
ATLANTA, July 29 /PRNewswire-FirstCall/ -- IntercontinentalExchange
(NYSE:ICE), a leading operator of regulated global futures
exchanges, clearing houses and over-the-counter (OTC) markets,
provided the following statement on "flash trading", an equity
market technique that allows certain market participants to preview
buy- and sell-orders, and to act on them in advance of other market
participants. (Logo:
http://www.newscom.com/cgi-bin/prnh/20090727/CL51999LOGO) Flash
orders are neither permitted nor available through ICE's trading
platform. ICE does not offer access to any equity market in which
these trades may occur. All order submissions and trade matches on
ICE are treated in the same manner regardless of the customer,
message frequency or proximity to the exchange. ICE offers among
the most transparent and accessible trading platforms in the
futures and OTC markets that it serves. In addition to being
accessible via the Internet, the platform is also accessible
through a complete range of affordable and secure connectivity and
co-location offerings available to all market participants. About
IntercontinentalExchange IntercontinentalExchange (NYSE:ICE)
operates leading regulated exchanges, trading platforms and
clearing houses serving the global markets for agricultural,
credit, currency, emissions, energy and equity index markets. 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, currency and Russell Index markets. ICE offers trade
execution and processing for the credit derivatives markets through
Creditex and ICE Link(TM), respectively, and CDS clearing through
ICE Trust(TM). A component of the Russell 1000 and S&P 500
indexes, ICE serves customers in more than 50 countries and is
headquartered in Atlanta, with offices in New York, London,
Chicago, Winnipeg, Calgary, Houston and Singapore.
http://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 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, 2008, as filed with the SEC on
February 11, 2009.
http://www.newscom.com/cgi-bin/prnh/20090727/CL51999LOGODATASOURCE:
IntercontinentalExchange CONTACT: Investor Contacts: Kelly
Loeffler, VP, Investor Relations & Corp. Communications,
+1-770-857-4726, , Sarah Stashak, Director, Investor & Public
Relations, +1-770-857-0340, , both of IntercontinentalExchange Web
Site: http://www.theice.com/
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