ICE to start Singapore operations with five contracts
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.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Singapore developer in limbo after Timor-Leste scraps major township project
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think
Gojek founder Nadiem Makarim faces 18-year jail demand in Indonesia laptop graft trial