One Exchange Corp donated 50% of its brokerage revenue earned on November 16 th , 2023, to Carya (www.caryacalgary.ca), a Calgary organization (formerly known as Calgary Family Services) which has been actively helping Calgarians since 1910. Carya continues to modify their programs to have the greatest impact for youth in our community. One Exchange is proud to be able to assist in effective delivery of these programs.

By reaching out to vulnerable youth, Carya’s hands-on programming works to build resilience, self-esteem, and optimism among these young people. Carya’s team works to build relationships and to help develop social and emotional skills among youth. Evidence shows that this skill development translates into stronger family and community networks, the foundation of our province’s long-term prosperity and success.

Every dollar donated to Carya stays in Calgary and helps to build a stronger community for all Calgarians.

One Exchange Corp donated the remaining 50% of its brokerage revenue on November 16 th , 2023, to the Calgary Food Bank (www.calgaryfoodbank.com).
With continued increases in the price of fuel, clothing, and food, a growing number of people in Calgary and across the country are having a harder time putting healthy food on the table. Unfortunately, the trend of higher food costs continued throughout 2023 with a higher number of Calgarians needing assistance with food insecurity.

One Exchange Corp is very pleased to be able to donate to such an important charity.

One Exchange wants to extend our appreciation to our customers who helped make this charity effort such a success again this year.

Thank You!

Perry Undseth
President,
One Exchange Corp

If you would like to contribute to either or both of these very important charities please click the donation buttons below.


https://caryacalgary.ca/
           

www.calgaryfoodbank.com

Please connect with us on social media, tag us @calgaryfoodbank in your photos. You can find us on Twitter, Facebook and Instagram. Don’t forget to use hashtag #FeedYYC as well as #CalgaryFoodBank. Thank you for supporting the Calgary Food Bank!!

Canada is the fourth largest oil producer in the world, behind the U.S., Saudi Arabia and Russia. Canada is by far the biggest supplier of crude oil to the U.S., with more Canadian barrels making it to the U.S. Gulf Coast every year for both domestic use and re-export.

ICE currently calculates Canadian Crude indices from physical crude trades transacted by CalRock Brokers, which are the basis of ICE’s benchmark Canadian crude futures contracts. In early 2023, One Exchange data will be added to the pricing for the ICE 1a indices which underpin ICE’s Canadian futures contracts, signicantly increasing the number of physical crude transactions which underpin these indices.

These futures contracts include the most liquid Canadian nancial crude future Western Canadian Select (contract code TMW), as well as the Light Sweet Crude (TMR), Condensate C5 (TMF), and Clearbrook Bakken Sweet (TMU) futures.

“One Exchange is excited to collaborate with Calrock by contributing to the ICE 1a group of Canadian crude indices and we view this as a very important step forward for the Canadian oil market,” said Perry Undseth, President and CEO at One Exchange. “Combining One Exchange and Calrock physical volumes into the ICE Canadian Crude Indices will help ensure that Canadian physical crude volumes can continue to be accurately hedged using the related ICE futures contracts.”

“The market increasingly relies on ICE’s Canadian crude futures and adding One Exchange’s physical crude trade data will expand the set of physical trade data that determines the ICE 1a index prices,” said Alex Dolaptchiev, Senior Director at CalRock. “The addition of One Exchange will further solidify ICE Canadian crude indices as the most accurate reection of physical crude pricing in Canadian crude markets, while future developments of pipeline capacity of up to 890,000 barrels per day to Canada’s West Coast mean Canadian grades will continue to gain relevance in international markets.”

CalRock Brokers is a premier broker for Canadian and U.S. crude oil grades and was acquired by ICE in 2017 as part of the acquisition of the Natural Gas Exchange, now ICE NGX.

About Intercontinental Exchange



Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide nancial technology and data services across major asset classes that oer our customers access to mission-critical workow tools that increase transparency and operational eciencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive xed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more eciently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

Trademarks of ICE and/or its aliates 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 aliates is located here. 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 dier from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) lings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2021, as led with the SEC on February 3, 2022.

About One Exchange



One Exchange Corp is a leading voice and electronic broker for North American energy markets. We have continually grown and adapted with the industries that we serve oering a high level of service and technology. We provide liquidity to our trading clients covering physical and nancial transactions for North American Crude Oil, Natural Gas, Butane and Propane markets. Our customers rely on us for liquidity, transparency, detailed mark to market settlement curves, market commentary and historical data. Our market liquidity is enhanced by our proprietary web-based trading software, oering our customers API connectivity and a mobile application. Category: EXCHANGES
ICE- CORP
Source: Intercontinental Exchange

ICE Media Contact:
Rebecca Mitchell
Rebecca.Mitchell@ice.com
+44 7951 057 351

ICE Investor Contact:
Katia Gonzalez
katia.gonzalez@ice.com
(678) 981-3882

One Exchange Media Contact:
Perry Undseth
pundseth@oneexchangecorp.com
O: (403) 517-5270
M: (403) 608-7524

Source: Intercontinental Exchange
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One Exchange Corp donated 50% of its brokerage revenue on November 16th, 2022 to Carya (www.caryacalgary.ca), a Calgary organization (formerly known as Calgary Family Services) which has been actively helping Calgarians since 1910. These donations are to be directed specifically to Carya’s Youth Engagement programs. One Exchange is very proud to be able to assist Carya with much needed funds to keep these important programs running.

By reaching out to vulnerable youth, Carya’s hands-on programming works to build resilience, self-esteem, and optimism among these young people. Carya’s team works to build relationships and to help develop social and emotional skills among youth. Evidence shows that this skill development translates into stronger family and community networks, the foundation of our province’s long-term prosperity and success.

Every dollar donated to Carya stays in Calgary and helps to build a stronger community for all of us.

One Exchange Corp donated the remaining 50% of its brokerage revenue on November 16th, 2022 to the Calgary Food Bank (www.calgaryfoodbank.com). With year over year increases in the price of fuel, clothing, and food, a growing number of people in Calgary and across the country are having a harder time putting healthy food on the table. According to Foodbanks Canada, “the food bank use is up 35% from 2019 and almost 50% of us are buying less food or lower quality food to make ends meet.” One Exchange Corp is very pleased to be able to donate to such an important charity.

Additionally, I want to acknowledge our customers who stepped up and made this charity effort such a success.

Thank You!

Perry Undseth President, One Exchange Corp

If you would like to contribute to either or both of these very important charities, please click the logo's below.


https://caryacalgary.ca/
           

Please connect with us on social media, tag us @calgaryfoodbank in your photos. You can find us on Twitter, Facebook and Instagram. Don’t forget to use hashtag #FeedYYC as well as #CalgaryFoodBank. Thank you for supporting the Calgary Food Bank!!

TMX Group Ltd. will pay $592-million in cash to buy Trayport Holdings Ltd. from Intercontinental Exchange (ICE) Inc., which also owns the New York Stock Exchange. TMX will pay for the remaining $339-million by selling Natural Gas Exchange Inc. (NGX) and oil brokerage Shorcan Energy Brokers Inc. to ICE.

Trayport is a technology platform that brings together pricing information and trading activity in commodities, including power, natural gas, coal and oil, across multiple marketplaces. It operates in 42 countries, with an emphasis on Europe. Its clients are a mix of brokers, exchanges and clearinghouses.

TMX says the deal will help it bolster its data and analytics business, pursue growth outside the Canadian market and generate a larger slice of revenue that’s recurring instead of transaction-based. The development brings new competition to an active part of the energy business used by experts who make deals to supply Canadian oil and gas to buyers across the continent. “This is a play in technology-driven solutions, but it’s also a major play in global energy markets,” said Lou Eccleston, chief executive at TMX. “Trayport is a player in the global energy market, which is going to grow.”

A subscription to Trayport gives clients access to reams of energy market data, as well as analytics tools that can be employed to better understand this data. It is also a place where different market participants can interact virtually.

Founded in 1993, Trayport has 240 employees across offices in London, New York and Singapore. During the past 12 months, Trayport has generated $99-million in revenue. By contrast, in the year through June 30, NGX and Shorcan recorded $59-million in sales.

Mr. Eccleston said TMX has its sights set on expanding the Trayport platform into new asset classes and entering new regions. The technology is flexible, so that if a new asset class in, for example, clean tech takes off, Trayport can move into that market, Mr. Eccleston said. The sale of Trayport comes months after British competition authorities ruled that ICE had to sell the business to preserve competition in the European energy-trading market. ICE, which is headquartered in Atlanta, is no stranger to Canada. It also operates ICE Futures Canada, the country’s Winnipeg-based derivatives market for agriculture.

NGX is the dominant platform for wholesale natural gas trade in Canada, providing electronic trading, clearing and data. It is best known for developing the AECO gas storage hub in southeastern Alberta into a benchmark for pricing for the fuel, which it expanded into the United States more than a decade ago. NGX also hosts electricity trading.

Shorcan Energy Brokers provides a similar platform for crude oil, such as Western Canada Select, the heavygrade crude that is frequently quoted as a benchmark. That part of the business has faced increasing competition, with the entry last year of Europe’s Marex Spectron.

In efforts to consolidate the fragmented market and avoid price discrepancies, Marex Spectron and a local player, One Exchange, have teamed up to offer a single benchmark for WCS oil prices and have invited Shorcan and another major rival, Net Energy Inc., to join the effort.

“We did not do this to sell those businesses,” said Mr. Eccleston, of NGX and Shorcan. “They weren’t up for sale. They happened to be a compelling reason for ICE to do this deal with us.” The sale of NGX and Shorcan to ICE is subject to regulatory approval, including from the Canadian Competition Bureau. If the sale doesn’t close within the next 45 days, TMX’s acquisition of Trayport can be separated from the sale of NGX and Shorcan to ICE. The price of Trayport would be then $931-million in cash, whereas NGX and Shorcan would be sold for $339-million in cash.

And if the closing doesn’t occur within 90 days, ICE can choose to back out of its purchase of NGX and Shorcan. Barclays advised TMX on the deal. Shares of TMX rose 1 per cent, or 95 cents, to $67.49 in early trading on Friday. The company’s stock has slid 6 per cent so far in 2017. TMX Group (X) Close: $67.86, up $1.36

Article

These funds will be used by the Salvation Army to provide "relief" and "recovery" assistance. In the aftermath of Hurricane Harvey, Houston is suffering. As crews continue to rescue and assist flood victims and begin the long clean-up process, One Exchange would like to extend its sincere wishes for progress and success with their recovery efforts.
Perry Undseth President of One Exchange said “The Hurricane Relief Fundraising Day was a huge success for One Exchange. We are happy to have participated as a team in this effort and wish to thank our customers equally for their participation to this worthy cause. Contribution to the Salvation Army will provide much needed aid for the flood victims”

Lt. Col. Ron Busroe added. “Thanks for supporting The Salvation Army’s efforts! Funds raised by One Exchange will allow The Salvation Army to provide food, hydration, cleanup kits, hygiene supplies, and emotional and spiritual care to first responders and survivors,” said Lt. Col. Ron Busroe, The Salvation Army’s National Community Relations and Development Secretary. “With generous support, The Salvation Army will be here to help the millions affected by Hurricane Harvey for as long as they’re in need.”