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Intercontinental Exchange (NYSE:ICE), the leading global network of exchanges and clearing houses, announced today that ICE Futures Singaporeachieved a daily volume record in mini Brent Crude futures with 14,188 contracts traded on December 9, 2015.
Since the launch of ICE Futures Singapore and ICE Clear Singapore on November 17, 2015, total volume and open interest for mini Brent Crude futures is 88,067 contracts and 7,980 contracts respectively, as of December 9, 2015.
Alongside mini Brent Crude futures, ICE Futures Singapore also launched mini low sulphur gasoil futures, kilo gold futures, mini onshore Renminbi futures and mini offshore Renminbi futures. These five contracts were introduced based on market feedback and complement ICE’s existing portfolio of financial and commodity benchmark contracts offered in Europeand the U.S.
Across energy, gold and FX, total volume of 111,136 contracts have been traded since launch at ICE Futures Singapore.
The establishment of ICE Futures Singapore and ICE Clear Singapore supports an expanded customer base and the further development of the Asian derivatives markets. ICE has had a presence in Singapore since 2000 serving customers in the global energy markets. In recent years, Asia-based trading activity in ICE's benchmark commodity and interest rate products has been rising as the region assumes a greater role in global derivatives markets.
ICE Futures Singapore and ICE Clear Singapore operate under the oversight of the Monetary Authority of Singapore (MAS).
