ICE profits soar in red-hot energy market

IntercontinentalExchange, the energy futures market and parent of London-based ICE Futures exchange, reported record revenues and profits in the second quarter as oil volumes and prices soared.

ICE said second quarter revenues shot up 96.1% to $73.6m (€58.4m) versus the same period of 2005 and were also up 46.4% on the first quarter of 2006.

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