The IntercontinentalExchange, Inc. (ICE) announced Wednesday it will introduce 23 new cleared over-the-counter (OTC) North American natural gas and power contracts. The new cleared swaps and options will be available for the trade date of Monday, Jan. 25, 2010.

With the products announced Wednesday, ICE, a leading operator of global regulated futures exchanges, clearing houses and OTC markets, will offer more than 310 cleared OTC energy contracts, including 226 new OTC contracts since the launch of ICE Clear Europe in November 2008.

The new cleared OTC contracts for natural gas available beginning Jan. 25 are Platts IF ONEOK Gas Transportation Gas Basis Swap (ONE); Platts IF Algonquin Citygates Gas Basis Swap (ALQ); and Platts IF Trunkline, LA Basis Swap (TRL)

The new cleared OTC contracts for power are:

Contract specifications and a full list of ICE’s cleared OTC contracts can be found at www.theice.com/markets_otc.jhtml.

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