Company News »

Intercontinental Exchange Announces Launch of 30 New Energy Contracts at ICE Futures Europe and ICE Futures U.S.

Business Wire
Share on StockTwits
Published on

Intercontinental Exchange (NYSE:ICE) , the leading global network of exchanges and clearing houses, today announced the introduction of 30 new energy futures and option contracts on September 22, 2014, subject to the completion of necessary regulatory and governance processes.

The new contracts, which will be available for trading at either ICE Futures Europe or ICE Futures U.S. and cleared at ICE Clear Europe include: crude oil and refined products, North American and UK natural gas, US power, natural gas liquids (NGL), and wet freight futures and option contracts.

The following contracts will listed on ICE Futures Europe:

Global Oil
Dated Brent (Platts) Balmo Future^1
Argus WTS vs WTI 1st Line Future^2
Argus WTI Midland vs WTI Trade Month Future^2
Fuel Oil 1% FOB Med Cargoes (Platts) vs 1% FOB NWE Cargoes (Platts) Future3
RBOB Gasoline 1st Line Balmo Future
LA Jet Fuel (Platts) vs Heating Oil 1st Line Future 4
LA Jet Fuel (Platts) vs Heating Oil 1st Line Balmo Future4
Gulf Coast Jet Fuel (Platts) Balmo Future4
67-grade USGC ULSD (Platts) vs Heating Oil 1st Line Future 4
Group 3 ULSD (Platts) vs Heating Oil 1st Line Future 4
Low Sulphur Gasoil 1st Line vs Brent 1st Line Balmo Future (in Bbls)
Argus NYH Jet Fuel vs Heating Oil 1st Line Future5
Argus 62-grade NYH ULSD vs Heating Oil 1st Line Future5
Argus 67-grade NYH ULSD vs Heating Oil 1st Line Future5

UK Natural Gas
UK Natural Gas Daily Financial Future

Global NGL
Propane, Argus CIF ARA Average Price Option6

Global Wet Freight
TD20 West Africa to UK-Continent (Baltic) Future

The following contracts will be listed on ICE Futures U.S.:

North American Natural Gas
EIA End of Draw Index Future
EIA End of Storage Index Future
TETCO M2 Basis Future (Receipts)7
Tennessee Zone 6 200L Basis Future 7

US Power
ISO New England Massachusetts Hub Real-Time Peak Daily Fixed Price Future
MISO Arkansas Hub Day-Ahead Peak Daily Fixed Price Future
MISO Arkansas Hub Day-Ahead Off-Peak Daily Fixed Price Future
MISO Louisiana Hub Day-Ahead Peak Daily Fixed Price Future
MISO Louisiana Hub Day-Ahead Off-Peak Daily Fixed Price Future
PJM ATSI Zone Day-Ahead Peak Daily Fixed Price Future
PJM ATSI Zone Day-Ahead Off-Peak Daily Fixed Price Future
SPP South Hub Day-Ahead Peak Daily Fixed Price Future
SPP South Hub Day-Ahead Off-Peak Daily Fixed Price Future

To view the ICE Clear Europe circular, please click here.

1. These contracts reference Platts Crude Oil Marketwire
2. These contracts reference Argus Crude and Argus Americas Crude
3. These contracts reference Platts European Marketscan
4. These contracts reference Platts US Marketscan
5. These contracts reference Argus US Products
6. These contracts reference Argus International LPG
7. These contracts reference Platts Inside FERC

About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) is the leading network of regulated exchanges and clearing houses for financial and commodity markets. ICE delivers transparent, reliable and accessible data, technology and risk management services to markets around the world through its portfolio of exchanges, including the New York Stock Exchange, ICE Futures and Liffe.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE, New York Stock Exchange and LIFFE. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at www.intercontinentalexchange.com/terms-of-use

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Statements in this press release regarding ICE’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2013, as filed with the SEC on February 14, 2014.

About Platts
Founded in 1909, Platts is a leading global provider of energy, petrochemicals, metals and agriculture information and a premier source of benchmark prices for the physical and futures markets. Platts’ news, pricing, analytics, commentary and conferences help customers make better-informed trading and business decisions and help the markets operate with greater transparency and efficiency. Customers in more than 150 countries benefit from Platts’ coverage of the biofuels, carbon emissions, coal, electricity, oil, natural gas, metals, nuclear power, petrochemical, shipping and sugar markets. A division of McGraw Hill Financial (NYSE:MHFI) , Platts is based in London with more than 1000 employees in more than 15 offices worldwide. Additional information is available at http://www.platts.com.

About Argus
Argus Media is a leading provider of price assessments, business intelligence, market data, consultancy and conferences on the global crude, oil products, natural gas, electricity, coal, emissions, bioenergy, petrochemicals, fertilizer, metals and transportation industries. Argus energy and fertilizer indexes are widely used by leading companies, governments and international agencies as reference prices in supply contracts, risk management and planning. “ARGUS”, ARGUS US PRODUCTS, ARGUS CRUDE, ARGUS AMERICAS CRUDE, and ARGUS INTERNATIONAL LPG are trademarks of Argus Media Limited and are used under license. All copyrights and database rights in Argus data belong exclusively to Argus Media Limited. Argus takes no position on the purchase and sale of exchange contracts and accepts no liability in connection with any use of Argus data. http://www.argusmedia.com

About Baltic Exchange
The Baltic Exchange is the world’s only independent source of maritime market information for the trading and settlement of physical and derivative contracts. Its international community of over 600 members encompasses the majority of world shipping interests and commits to a code of business conduct overseen by the Baltic. The Baltic Exchange members are responsible for a large proportion of all dry cargo and tanker fixtures as well as the sale and purchase of merchant vessels. Services from the Baltic Exchange include: independent, high quality dry, wet and gas freight market information; self-regulated chartering, sale and purchase and freight derivatives markets; central forum for competing freight market interests; framework ensuring high standards of business practice and co-operation; and London-based business facilities for members. www.balticexchange.com

SOURCE: Intercontinental Exchange

ICE-ENGY

Share on StockTwits