Intercontinental Exchange Reports ICE & NYSE December Statistics

Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today reported December exchange traded volume.

ICE’s December 2015 futures and options average daily volume (ADV) increased 17% compared to December 2014.

• Commodity ADV increased 8% led by Brent, gasoil, other oil, natural gas and sugar ADV up 9%, 44%, 4%, 1% and 25%, respectively, year to year.
• Financials ADV increased 30% year to year primarily due to higher volatility in the European short-term interest rate markets.

NYSE’s cash equities ADV increased 2%, while NYSE’s equity options ADV decreased 15% in December 2015 compared to the prior December. NYSE’s cash equities market share was 24.3% and NYSE’s options market share was 19.5% for December 2015.

For the fourth quarter, ICE’s futures and options ADV increased 8% and NYSE’s cash equities ADV increased 1%, while NYSE’s equity options ADV declined 17% over the prior fourth quarter.

RPC is calculated by dividing transaction revenues by contract volume, and may vary based on pricing, customer and product mix. RPC is subject to revision based on final numbers.

(1) “NYSE Equity Options” includes NYSE Amex Options and NYSE Arca Options trading in U.S. equity options contracts.

Credit Default Swaps (CDS) Transaction and Clearing

• Fourth quarter 2015 revenues from ICE’s CDS trade execution, processing and clearing businesses totaled $34 million, compared to $39 million in the prior fourth quarter, and included $24 million in CDS clearing revenues, compared to $25 million in the fourth quarter 2014.
• ICE cleared $2.7 trillion in gross notional value of CDS in the fourth quarter 2015 compared to $4.1 trillion in gross notional cleared in the fourth quarter 2014.
• More information can be found at: https://www.theice.com/clear-credit

Financial and Reporting Update

• For the fourth quarter, following the closing of ICE’s acquisitions of Trayport and Interactive Data Corporation on December 11 and 14, respectively, ICE expects incremental revenue in the range of $48 million to $52 million, which will be included in data services revenue. ICE expects incremental fourth quarter adjusted operating expenses related to the acquisitions in the range of $33 million to $35 million.
• ICE issued approximately 9.0 million common shares as part of the consideration for the Interactive Data Corporation and Trayport acquisitions, resulting in total shares outstanding of 119 million on December 31, 2015; fourth quarter weighted average shares outstanding were approximately 112 million shares.

Trading days in December 2015:

• Interest Rates, Equity Indices: 22
• Commodities, Other Financials: 22
• Cash Equities, Equity Options: 22

About Intercontinental Exchange

Intercontinental Exchange (NYSE:ICE) operates the leading network of regulated exchanges and clearing houses. ICE’s futures exchanges and clearing houses serve global commodity and financial markets, providing risk management and capital efficiency. The New York Stock Exchange is the world leader in capital raising and equities trading.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at www.intercontinentalexchange.com/terms-of-use.

Russell^® and the Russell indexes are trademarks and service marks of the Russell Investment Group and are used under license. FTSE^® and the FTSE indexes are trademarks and service marks of the London Stock Exchange plc and Financial Times Limited and are used under license. MSCI^® and the MSCI indexes are trademarks and service marks of MSCI Inc. or its affiliates and are used under license.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2014, as filed with the SEC on February 5, 2015.

SOURCE: Intercontinental Exchange

ICE-CORP

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