ICE enjoys sharp December growth thanks to Russell

Intercontinental Exchange achieved a record trading volume of 237.2m contracts in 2008, and even enjoyed solid year-on-year growth in December - though that was mainly because of its takeover of the Russell family of US equity index contracts in September.ICE’s worldwide volume rose 21% for the year, helped by 18.6m trades in December, a 36% rise compared with December 2007.“Amid a year of recession and global market downturns, ICE accomplished its aggressive strategic objectives in 2008,” said Jeff...