17DEC2018 - NEWS - Intercontinental Exchange Inc. plans to launch a new marine fuel 0.5% futures contracts early next year

Intercontinental Exchange Inc. (ICE) is planning to launch a new marine fuel 0.5% futures contracts early next year in advance of IMO’s global 0.5% sulphur cap regulation from 2020. The new contracts, developed in response to expected market demand starting January 2020, are scheduled to start on 4 February 2019, subject to completion of relevant regulatory process. The latest offering by ICE follows a previous announcement by New York Mercantile Exchange (NYMEX) on the launch of 11 marine fuel 0.5% futures contracts from 9 December.

Published by Editor - www.Livebunkers.com at 17-Dec-2018 05:38:40 [UTC] , contact editor at editor@livebunkers.com