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Setting a new pace

‘Broken records and shattered dreams’ was the headline for last year’s exchange review – but it could easily have been appropriate for this year’s. Certain exchanges have reported stellar growth, while others are suffering, for various reasons. By Joel Hanley and Robin Lancaster

nymex-april-12-2001-jpg
If one name other than Enron came to dominate energy trading news stories in 2001, it was IntercontinentalExchange (Ice). The Atlanta, Georgia-based exchange increased its trading activity 15-fold over the course of 2001.

Ice’s success was in some ways down to problems elsewhere, with EnronOnline in a position only to post prices following the demise of Enron Corp in December and trading on

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