ICE Futures U.S. fined Louis Dreyfus Suisse S.A. and Odebrecht Agroindustrial International Corp. US $75,000 each for engaging in two exchange of futures for physical transactions on April 25, 2012 that did not comply with exchange rules. According to ICE Futures the EFP transactions lacked a cash or physical component and thus, effectively, constituted prearranged futures trades in violation of exchange rules. Apparently, according to ICE Futures, the trades were arranged “to repay monies owed from a prior transaction.” Louis Dreyfus and Odebrecht settled to this matter without admitting or denying the rule violations.