ICE Launches 81 New Energy Futures, Options
- Lineup includes fossil fuels and environmental products
Intercontinental Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (NYSE: ICE), the global exchanges operator and clearing services provider, will be introducing 81 new energy futures and options contracts on December 14, the bourse operator said in a press release.
The new contracts will be available for trading on ICE Futures Europe and UCE Futures U.S., to be cleared via ICE Clear Europe.
The lineup comprises of 21 crude oil and fuels contracts, including both futures and options, six propane futures, and four coal options, to be traded on ICE Futures Europe. The remainder – 33 “Financial Power” contracts and 17 “Physical Environmental” futures and options, will be traded on ICE U.S.
Earlier this month, ICE acquired tech platform provider Trayport, a unit of GFI Group (NYSE: GFIG), for $650 million in an all-stock deal. The purchase will allow ICE to offer its clients a new set of services on the European energy markets, comprising utilities, gas, and coal options. GFI Group, the brokerage and trade Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term services provider, was itself bought earlier in the year by BGC Partners (NASDAQ: BGCP), the inter-dealer broker. BGC Partners competed for the company with another industry major, CME Group, but beat the competition and acquired 56.3 per cent of the target company for a price of $5.45 in an all-cash deal.
Intercontinental Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (NYSE: ICE), the global exchanges operator and clearing services provider, will be introducing 81 new energy futures and options contracts on December 14, the bourse operator said in a press release.
The new contracts will be available for trading on ICE Futures Europe and UCE Futures U.S., to be cleared via ICE Clear Europe.
The lineup comprises of 21 crude oil and fuels contracts, including both futures and options, six propane futures, and four coal options, to be traded on ICE Futures Europe. The remainder – 33 “Financial Power” contracts and 17 “Physical Environmental” futures and options, will be traded on ICE U.S.
Earlier this month, ICE acquired tech platform provider Trayport, a unit of GFI Group (NYSE: GFIG), for $650 million in an all-stock deal. The purchase will allow ICE to offer its clients a new set of services on the European energy markets, comprising utilities, gas, and coal options. GFI Group, the brokerage and trade Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term services provider, was itself bought earlier in the year by BGC Partners (NASDAQ: BGCP), the inter-dealer broker. BGC Partners competed for the company with another industry major, CME Group, but beat the competition and acquired 56.3 per cent of the target company for a price of $5.45 in an all-cash deal.