Intercontinental Exchange Plans to Launch Futures Products Tied to Monetary Policy Decisions and Energy Reserves

Odaily Odaily Planet Daily News Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is planning to launch new futures contracts tied to global monetary policy decisions and U.S. natural gas storage levels, aiming to provide investors with another way to hedge against the risks of economic events. According to company executives, ICE plans to introduce futures products based on the interest rate decisions of the Federal Reserve, the European Central Bank, and the Bank of England. Subject to regulatory approval, these economic indicator products are expected to go live on August 10. The move is intended to allow investors to trade or hedge against the scheduled policy meetings of the world's three major central banks, as well as the weekly natural gas storage data published by the U.S. Energy Information Administration (EIA). (Jin Shi)