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Wednesday, March 16, 2011

ICE: mergers an unintended consequence of reforms, (NYSE: ICE)

The head of IntercontinentalExchange Inc (ICE.N) said on Wednesday that mergers now sweeping the exchange industry are in part an unintended consequence of global financial regulatory reforms. "It's an unintended consequence, and not necessarily a positive consequence," Jeffrey Sprecher told a Futures Industry Association conference here. (Reporting by Jonathan Spicer; Editing by James Dalgleish)

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