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ICE kicks off Asian commodity futures hub

Posted on 02 December 2015

Intercontinental Exchange’s Asian hub has traded more than 50,000 contracts in the first two weeks of operation as it taps fast-emerging commodities markets. ICE Futures Singapore, based in the city state, had traded a total of 54,862 contracts by the end of trade on Monday, according to data.
Business has been concentrated in mini-Brent futures contracts — a 10th the size of ICE’s widely traded Brent contract. There has also been trading in mini-gas oil, kilo gold and offshore mini-renminbi futures………………………………………..Full Article: Source


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