Intercontinental Exchange Plans to Launch Futures Products Linked to Monetary Policy Decisions and Energy Reserves
Svmuu News: Intercontinental Exchange Group (ICE), the parent company of the New York Stock Exchange (NYSE), is planning to launch new futures contracts linked to global monetary policy decisions and U.S. natural gas inventories, with the aim of providing investors with another way to hedge against the risks of economic events. According to company executives, ICE plans to launch futures products based on the Federal Reserve, the European Central Bank (ECB), and the Bank of England’s interest rate decisions.Subject to regulatory approval, these economic indicator-based products are scheduled to launch on August 10. The move is intended to enable investors to trade or hedge against the scheduled policy meetings of the world’s three major central banks, as well as the weekly natural gas inventory levels published by the U.S. Energy Information Administration (EIA). (Jin Shi)
Source:Odaily · Source Link
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