Intercontinental Exchange Completes Sale of Trayport to TMX Group, Acquisition of NGX and Shorcan Energy

ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange (NYSE:ICE), a leading operator of global
exchanges and clearing houses and provider of data and listings
services, announced it has completed the sale of Trayport to TMX Group
in exchange for NGX, Shorcan Energy and £350 million cash.

“The addition of NGX’s products and clearing services offers our
customers an expanded range of energy products and risk management
solutions across physical and financially-settled markets,” said Ben
Jackson, ICE’s President. “Shorcan’s brokerage business complements our
global oil complex, which includes deep liquidity on the leading trading
platform for oil markets.”

NGX provides electronic trading, central counterparty clearing and data
services to the North American natural gas, electricity and oil markets.
ICE and NGX have had a longstanding and comprehensive strategic
alliance to enable customers to conduct physical clearing for
certain natural gas and power hubs through NGX’s clearing house, which
is a CFTC-registered Derivatives Clearing Organization (DCO). NGX’s
exchange is CFTC-registered as a Foreign Board of Trade (FBOT). Shorcan
Energy offers brokerage services for the North American crude oil
markets.

About Intercontinental Exchange

Intercontinental
Exchange (NYSE:ICE) is a Fortune 500 company that operates a leading
network of global futures,
equity and equity options exchanges, as well as global
clearing and data
services across financial and commodity markets. The New
York Stock Exchange is the world leader in capital raising, listings
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.

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, 2016, as filed with the SEC on February 7, 2017.

SOURCE: Intercontinental Exchange

ICE-CORP

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