Intercontinental Exchange (NYSE:ICE), a leading operator of global
exchanges and clearing houses and provider of data and listings
services, announced that today’s auction of 5,741,500EU Allowances
(EUAs) held on behalf of the UK Government’s Department for Business,
Energy & Industrial Strategy (BEIS) was cancelled as a result of the
total volume of bids falling short of the volume of the allowances being
The cancellation of today’s auction is in accordance with the
requirements of the EU Auctioning Regulation and the allowances will be
distributed over subsequent auctions as required by the Auctioning
Regulation. The auction calendar for EUAs will be revised and published
in due course.
ICE Futures Europe operates as a Recognised Auction Platform and is
supervised by the Financial Conduct Authority (FCA). ICE Futures Europe
offers futures and options contracts on three types of carbon units:
EU Allowances (EUAs), Certified
Emission Reductions (CERs) and European
Union Aviation Allowances (EUAAs).
About Intercontinental Exchange
Intercontinental Exchange (NYSE: ICE) is a Fortune 500 and Fortune
Future 50 company formed in the year 2000 to modernize markets. ICE
serves customers by operating the exchanges, clearing houses and
information services they rely upon to invest, trade and manage risk
across global financial and commodity markets. A leader in market data,
ICE Data Services serves the information and connectivity needs across
virtually all asset classes. ICE is the parent company of the New York
Stock Exchange, which has helped companies raise more capital than any
other exchange in the world, driving economic growth and transforming
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 http://www.intercontinentalexchange.com/terms-of-use.
Key Information Documents for certain products covered by the EU
Packaged Retail and Insurance-based Investment Products Regulation can
be accessed on the relevant exchange website under the heading “Key
information Documents (KIDS)”.
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, 2017, as filed with the SEC on February 7, 2018.
SOURCE: Intercontinental Exchange
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