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Electronic trading powers ICE to record profits

Net profits of US options traders, IntercontinentalExchange, rose 84.1% last year to a record $40.4m (€33.8m) on revenues up 43.8% to $155.9m.

Jeffrey Sprecher, chairman and chief executive, said: "We executed on our growth plans by successfully extending electronic trading to energy futures during 2005 and building on our rapidly-growing over-the-counter business."

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