The IntercontinentalExchange, a global electronic energy market, reacted to a 5.75% decline in its stock price yesterday by distancing itself from Amaranth and trades it may have executed on its platform. ICE claimed Amaranth's losses had no impact on its business nor did they disrupt the natural gas market.
ICE issued the statement yesterday as its stock lost 5.75% to $69.47, underperforming its sector and the US markets.