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ICE Futures U.S. Announces Change to Electronic Trading Hours for Agricultural Futures and Options Contracts

NEW YORK, Nov. 18 /PRNewswire/ -- ICE Futures U.S.(R), a wholly-owned subsidiary of IntercontinentalExchange, Inc. (NYSE: ICE), announced changes to electronic trading hours for certain agricultural futures and options contracts. The changes will be effective with the start of trading on Monday, December 1, 2008, and apply to the following products: Cocoa, Coffee "C" and Robusta Coffee, Cotton No. 2, FCOJ, Sugar No. 11(R), Sugar No. 14(R), Sugar No. 16(R), RJ-CRB Index, and CCI Index.

In addition, the following changes will also apply:

-- Sugar No. 14, Sugar No. 16, RJ-CRB Index and CCI Index contracts will base the daily settlement price on trading from 2:44pm - 2:45pm ET each day.

-- On the last trading day of the expiring futures contract month, trading in the expiring Sugar No. 14 and Sugar No. 16 contracts will end at 2:30pm ET, and trading in the expiring Cotton No. 2 futures contracts will end at 2:45pm ET.

-- Floor trading for options on the CCI Index contract will end at 2:45pm each day.

ICE Futures U.S. worked collaboratively with agricultural market participants in reaching its decision to modify trading hours and settlement times for these products.

About IntercontinentalExchange

IntercontinentalExchange(R) (NYSE: ICE) operates regulated global futures exchanges and over-the-counter (OTC) markets for agricultural, energy, equity index and currency contracts, as well as credit derivatives. ICE(R) offers these markets to participants around the world through its technology infrastructure and trading platform, together with clearing, market data and risk management services. ICE Futures Europe(R) is ICE's regulated energy futures exchange. ICE's regulated North American exchanges, ICE Futures U.S.(R) and ICE Futures Canada(TM), offer markets for agricultural and financial contracts. Creditex, a market leader in trade execution and processing for credit derivatives, is also a wholly-owned subsidiary of ICE. A member of the Russell 1000(R) and S&P 500 indices, ICE is headquartered in Atlanta, with offices inNew York,London,Chicago,Winnipeg,Calgary,Houston andSingapore. www.theice.com .

SOURCE ICE Futures U.S.

Tags: ,CPR,OIL,FIN,AGR,GA-ICE-Futures-U.S.
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