Subject: ice # s
in its first year of operation , products traded on ' s over - the - counter markets reached the following volume levels :
- crude oil and refined products : 1 . 8 billion barrels
- natural gas : 28 trillion cubic feet
- power : 1 . 1 billion megawatt hours
- precious metals : 83 million gold - equivalent ounces
the total notional value of transactions on the exchange in its first year was over $ 400 billion .
during the same period , volumes on the ipe , acquired by intercontinental the past summer , reached the following levels :
- brent crude futures and options : 18 , 157 , 500 lots
- gas oil futures and options : 7 , 229 , 403 lots
- natural gas futures : 513 , 655 lots
the total notional value of the 25 . 9 million lots traded on ipe over the last twelve months was in excess of $ 500 billion .
market participation on the exchange continues to expand at a rapid rate and currently includes over 365 of the world ' s largest energy and financial commodity firms making it one of the most widely distributed online professional marketplaces in the world . moreover , over 300 customers in over 30 countries use ipe ' s markets on a regular basis .
justin rostant
enron financial trading desk .
phone : 713 - 853 - 6460
mobile : 832 - 264 - 6333
fax : 713 - 646 - 3239