Intercontinental Exchange plans to launch futures products linked to monetary policy decisions and energy reserves.
1 hours ago
Intercontinental Exchange (ICE), parent company of the New York Stock Exchange (NYSE), is planning to launch new futures contracts tied to global monetary policy decisions and U.S. natural gas inventories, aiming to provide investors with another avenue to hedge against risks from economic events. According to company executives, ICE plans to roll out futures products based on interest rate decisions by the U.S. Federal Reserve, European Central Bank (ECB) and Bank of England (BoE). Subject to regulatory approval, these economic indicator-based products are scheduled to launch on August 10. The move will allow investors to trade or hedge around policy meetings of the three major global central banks and weekly U.S. Energy Information Administration (EIA) natural gas inventory releases.
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