ICE to start Singapore operations with five contracts
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Singapore
US ENERGY markets operator IntercontinentalExchange (ICE) is launching five futures contracts, including one for Brent and one for gold, when it starts its new exchange and clearing house in Singapore in March.
Four of these - for mini ICE Brent crude, Chinese cotton, Chinese sugar and renminbi - will be cash settled. The one-kilogramme gold futures will be physically settled, with delivery in Singapore.
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