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ICE Announces First Trade in New Italian PSV Futures Contracts; ICE PSV is the First Cleared Physically Delivered Gas Futures Contract in Italy

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AMSTERDAM & LONDON--(BUSINESS WIRE)--Intercontinental Exchange (NYSE:ICE), the leading global network of exchanges and clearing houses, today announced the first trade in the Italian PSV futures contract at ICE Endex. The first Italian (Punto di Scambio Virtuale – Virtual Trading Point; PSV) futures trade represented 5 MW for delivery in October 2015. The two counterparties to the trade were Axpo Italia S.p.A., the Italian energy trading subsidiary of Axpo Group and Electrade S.p.A., a European

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