Intercontinentalexchange

ICE Announces New Cleared Gas, Power Contracts

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.

December 28, 2009

ICE Claims Natural Gas Basis Trades Not Price Movers

Natural gas basis trades reported on the IntercontinentalExchange (ICE) electronic system do not rise to the level of performing a significant price-discovery function (SPDF), ICE said in objecting to the Commodity Futures Trading Commission’s (CFTC) proposal to designate 15 natural gas basis contracts as qualifying for SPDF treatment.

November 2, 2009

ICE Claims Natural Gas Basis Trades Not Price Movers

Natural gas basis trades reported on the IntercontinentalExchange (ICE) electronic system do not rise to the level of performing a significant price-discovery function (SPDF), ICE said in objecting to the Commodity Futures Trading Commission’s (CFTC) proposal to designate 15 natural gas basis contracts as qualifying for SPDF treatment.

November 2, 2009

NGSA to CFTC: ICE Contracts Do Not Perform Significant Price Discovery

The Natural Gas Supply Association (NGSA) on Monday said it believes that 13 financially settled natural gas contracts traded on IntercontinentalExchange (ICE) — which are currently under review by the Commodity Futures Trading Commission (CFTC) — do not perform a significant price-discovery function (SPDF).

October 28, 2009

Position Limits Extended to ICE HH Contract

IntercontinentalExchange Inc. (ICE) will be imposing position and accountability limits on its Henry Hub over-the-counter (OTC) swaps contract, starting with the February 2010 contract, to conform with directives from the Commodity Futures Exchange Commission (CFTC) regarding contracts that perform a significant price discovery function (SPDF).

October 26, 2009

Position Limits Extended to ICE HH Contract

IntercontinentalExchange Inc. (ICE) was expected to issue an advisory Thursday detailing plans to impose position and accountability limits on its Henry Hub over-the-counter (OTC) swaps contract to conform with directives from the Commodity Futures Exchange Commission (CFTC). The changes will take effect with the February 2010 contract.

October 23, 2009

CFTC Seeks Oversight of ICE NatGas, Power Contracts

Having already pulled the Henry Hub look-alike contract traded on IntercontinentalExchange Inc. (ICE) under its regulatory oversight authority, the Commodity Futures Trading Commission (CFTC) last Monday issued a Notice of Intent to consider whether 13 other natural gas contracts and 11 power contracts offered by ICE should receive similar treatment.

October 12, 2009

CFTC Seeks Added Oversight of ICE Financial NatGas, Power Contracts

Having already pulled the Henry Hub look-alike contract traded on IntercontinentalExchange Inc. (ICE) under its regulatory oversight authority, the Commodity Futures Trading Commission (CFTC) on Monday issued a Notice of Intent to consider whether 13 other natural gas contracts and 11 power contracts offered by ICE should receive similar treatment.

October 8, 2009

CFTC Brings ICE Henry Hub Look-Alike Under Regulatory Authority

The Commodity Futures Trading Commission (CFTC) Friday moved to bring the Henry Financial LD1 Fixed Price contract traded on the IntercontinentalExchange, Inc. (ICE) under its regulatory authority, saying the contract “performs a significant price discovery function.” The ICE contract is a “look-alike” contract to the CME Group’s Nymex Henry Hub contract, which already is under CFTC regulation.

July 28, 2009

ICE Anticipating CFTC Hearings; Producers Dreading Them

IntercontinentalExchange (ICE), a major energy trading platform, Thursday said it welcomed the opportunity to participate in the Commodity Futures Trading Commission’s (CFTC) upcoming hearings on position limits in energy trading markets, noting it has been an area of concern for some time. Independent oil and natural gas producers, however, were less receptive, warning that dramatic changes by the CFTC affecting their hedging activities could cripple development.

July 10, 2009