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ICE Expands Price Validation, Acquires ChemConnect’s Commodity Trading

Attempting to take some of the risk out of long-dated trading so companies don’t lose the shirt off their back from being on the wrong side of the market, IntercontinentalExchange Inc. (ICE) announced last week that it has recently expanded its ICE Data Market Price Validation (MPV) service to include more products and data points. Also last week, ICE signed a definitive agreement to acquire Houston-based ChemConnect Inc.’s commodity trading business.

June 11, 2007

ICE Expands Market Price Validation to Help Clients Manage Trading Risk

Attempting to take some of the risk out of long-dated trading so companies don’t lose the shirt off their back from being on the wrong side of the market, IntercontinentalExchange Inc. (ICE) announced Wednesday that it has recently expanded its ICE Data Market Price Validation (MPV) service to include more products and data points.

June 7, 2007