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This article was originally published in The Public Ledger

ATLANTA-based InterContinental Exchange (ICE) has been named Best Derivatives Exchange by the editors of Global Finance Magazine. Global Finance cited a variety of reasons for selecting ICE for the award, including "a period of momentous change in 2007, which laid the groundwork for impressive growth in the year to the end of the second quarter of 2008"; the "ambitious decision to launch online trading within weeks of the [New York Board of Trade] acquisition" which was vindicated with 90% of trading screen-based by the end of 2007; revenue growth of 83% in 2007; and growth that was not the result of a lucky break but an astute buying spree and astonishingly quick integration. In addition, ICE has reported that average daily volume (ADV) for all ICE Futures contracts in the third quarter to September 30, 2008, reached 859,464, up 12% from last year's third quarter.


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