ATLANTA, May 18, 2012 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced the launch of 33 new cleared OTC contracts for natural gas liquids (NGLs), North American power and oil and refined petroleum products. All of the new contracts will be available for the trade date of Monday, June 18, 2012, subject to regulatory non-objection.

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The new contracts are:

Natural Gas Liquids¹

• Isobutane, Conway, FP for OPIS Swap (ISC)       
• N-BUTISO, Mt Belvieu - ENT FP for OPIS Average Price Option (NBI)    
• Natgaso, Mt Belvieu - ENT FP for OPIS Average Price Option (NGE)      
• Propane, Conway - FP for OPIS Average Price Option (PRC)      
• Natural Gasoline, Conway, FP for OPIS Balmo Swap (LJF-LKJ)   
• N-BUT-D Conway, FP for OPIS Balmo Swap (LKK-LLO)  
• N-BUTREF, Mt Belvieu - LST FP for OPIS Balmo Swap (LRN-LSR)        
• MT.B-ENT Natgaso (OPIS) vs. Crude - WTI 1st line Swap (NGW)           
• Isobutane, MT.B-LST, FP for OPIS Swap (ISL)    
• Natgaso, Mt Belvieu - LST FP for OPIS (NGL)     

North American Power

• NI Hub RT Peak Daily Swap (NOO)          
• NI Hub RT Peak Daily Options (Lookback) (NOO)
• Nepool MH DA Peak Monthly Option (NEP)         
• Nepool MH DA Off-Peak Monthly Option (NOP)  
• Nepool MH DA Off-Peak Cal 1 x Fixed Price Swap (NOC)           
• Nepool MH DA Off-Peak Cal 1 x Option (NOC)    
• NEPool Cal 1x Fixed Price Swap (NEX)    
• NEPool Cal 1x Option (NEX)         

Global Oil and Refined Petroleum Products

• Singapore Gasoil 0.05% Swap (SWS)²     
• Singapore Gasoil 0.05% Balmo Swap (VXC-VYG)²
• Singapore Gasoil 0.05% vs Gasoil 1st Line Swap (Bbls) (SWV)²
• Singapore Gasoil 0.05% vs Low Sulphur Gasoil 1st Line Swap (Bbls) (SWW)²     
• Singapore 10ppm Gasoil vs Singapore Gasoil 0.05% Swap (GSW)²
• Singapore Jet Kero vs Singapore Gasoil 0.05% Swap (SVW)²
• Singapore 0.5% Gasoil vs Low Sulphur Gasoil 1st Line Balmo Swap (in Bbls) (VUS-VVW)²
• Dated Brent vs Dubai 1st Line Swap (PDD)³         
• Premium Unleaded Gasoline 10ppm FOB MED Cargoes Balmo Swap (VVX-VXB)⁴
• Fuel Oil 3.5% CIF MED Cargoes Swap (CIM)⁴
• Fuel Oil 3.5% CIF MED Cargoes Balmo Swap (BHA-BIE)⁴
• USGC ULSD vs Brent 1st Line Swap (GUV)⁵
• USGC ULSD vs WTI 1st Line Swap (GUW)⁵         
• USGC ULSD vs Low Sulphur Gasoil 1st Line Swap (GUX)⁵          
• USGC ULSD vs Gasoil 1st Line Swap (GUY)⁵      

1. All NGLs in this release reference OPIS North America LPG Report.
2. These contracts reference Platts Asia-Pacific/Arab Gulf Marketscan.
3. This contract references Platts Crude Oil Marketwire.
4. These contracts reference Platts European Marketscan.
5. These contracts reference Platts U.S. Marketscan.

With the products announced today, ICE will offer over 730 cleared OTC energy contracts, including more than 640 new cleared OTC contracts since the launch of ICE Clear Europe in November 2008.

ICE Clear Europe enables the efficient development of new products to support the risk management needs of member firms and customers in ICE's global energy futures and OTC markets. In 2002, ICE pioneered the concept of cleared OTC energy contracts, which provide participants with access to centralized clearing and settlement arrangements while reducing bilateral credit risk and capital required for each OTC trade.

Editor's Notes

About Oil Price Information Service

Oil Price Information Service (OPIS) is one of the most widely accepted price benchmarks for supply contracts and competitive positioning. It's used as a benchmark price by the world to buy and sell NGLs, LP-Gas, U.S. gasoline, diesel, ethanol, biodiesel, jet fuel, refinery feedstocks, resid, and kerosene. OPIS produces several publications for the NGL and LPG marketplace including the OPIS North America LPG Report, the OPIS NGL Forwards Report, and the OPIS Asia Naphtha and LPG Report, in addition to publications that focus on refined products, news, and biofuels.

About Platts

Platts, a division of The McGraw-Hill Companies, is a leading global energy, petrochemicals and metals information provider. "Platts", "Platts Inside FERC's Gas Market Report", "Platts Crude Oil Market Wire", "Platts U.S. Marketscan" and "Platts European Marketscan" are trademarks of The McGraw-Hill Companies.   Platts' data and trademarks are proprietary and are used under license. Platts does not sponsor, endorse, sell or promote exchange contracts and Platts accepts no liability for the use of Platts data in connection therewith. 

About IntercontinentalExchange

IntercontinentalExchange (NYSE: ICE) is a leading operator of regulated futures exchanges and over-the-counter markets for agricultural, credit, currency, emissions, energy and equity index contracts. ICE Futures Europe hosts trade in half of the world's crude and refined oil futures. ICE Futures U.S. and ICE Futures Canada list agricultural, currencies and Russell Index markets. ICE is also a leading operator of central clearing services for the futures and over-the-counter markets, with five regulated clearing houses across North America and Europe. ICE serves customers in more than 70 countries. www.theice.com  

The following are trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies: IntercontinentalExchange, ICE, ICE and block design, ICE Futures Europe, ICE Clear Europe, ICE Clear Canada, ICE Clear US, ICE Futures U.S., and ICE OTC. All other trademarks are the property of their respective owners. For more information regarding registered trademarks owned by IntercontinentalExchange, Inc. and/or its affiliated companies, see https://www.theice.com/terms.jhtml

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding IntercontinentalExchange'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, 2011, as filed with the SEC on February 8, 2012.

ICE-ENGY

SOURCE IntercontinentalExchange