IntercontinentalExchange, Inc. (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced that ICE Futures Europe set an exchange-wide daily volume record of 1,249,239 contracts on December 9. The new record was established on the exchange's first ever million-plus volume day and surpassed by 27% the previous daily record of 982,151 contracts, which was set on June 6, 2008.
The exchange also established new daily volume records for its benchmark crude oil contracts. Volume in the ICE Brent Crude futures contract reached 581,685 contracts, surpassing by 12% the May 14, 2008, record of 518,053 contracts. The ICE WTI contract crossed the 400,000 volume mark for the first time, reaching 409,727 contracts. The previous ICE WTI record of 385,502 contracts was established on November 29, 2007.