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ICE chief warns against demonising oil traders

By Hal Weitzman in Chicago

Published: June 22 2008 18:45 | Last updated: June 22 2008 18:45

The futures industry is not used to being the subject of popular attention. With no retail customers trading its products, it is rare that the public gets interested in futures markets.

While that might be considered a blessing most of the time, no one is more aware than Jeffrey Sprecher, chief executive of InterContinental Exchange, that it also means the general population is largely ignorant of how these complex markets function.

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