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ICE to launch ICE Futures Abu Dhabi and the world’s first Murban crude futures contracts

1 min read

The FINANCIAL — Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today announced that it plans to launch ICE Futures Abu Dhabi (IFAD) and the world’s first futures contracts based on Murban crude oil on March 29, 2021, subject to the completion of regulatory approvals. In November 2019, ICE announced its plans to launch IFAD, with the Abu Dhabi National Oil Company (ADNOC) – the producer of Murban crude – and nine of the world’s largest energy traders partnering with ICE on the launch. ICE Murban Crude Oil Futures will be…

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ICE to launch ICE Futures Abu Dhabi and the world’s first Murban crude futures contracts

1 min read

The FINANCIAL — Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today announced that it plans to launch ICE Futures Abu Dhabi (IFAD) and the world’s first futures contracts based on Murban crude oil on March 29, 2021, subject to the…