IntercontinentalExchange Group (NYSE:ICE), the leading global network of exchanges and clearing houses, today announced the introduction of new coal, wet freight and U.S. environmental futures and options contracts.
The following new coal and wet freight contracts will be available for trading at ICE Futures Europe and cleared at ICE Clear Europe on June 10, 2014, subject to completion of relevant regulatory processes:
Wet Freight Futures
ICE TC2 FFA – Northwest Europe to USAC (Baltic) Balmo Future
ICE TC14 FFA – USGC to Continent (Baltic) Balmo Future
ICE TC5 FFA – Arabian Gulf to Japan (Platts) Balmo Future
ICE TC4 FFA – Singapore to Japan (Platts) Balmo Future
ICE TC6 FFA – Skikda to Lavera (Cross Med) (Baltic) Balmo Future
ICE TC2_37 FFA Triangulation with TC14 FFA – CPP/UNL Continent to USAC (Baltic) Future
Coal Options
ICE API 2 Rotterdam Coal Early (122 days) Single Expiry Option
ICE API 4 Richards Bay Coal Early (122 days) Single Expiry Option
ICE globalCOAL Newcastle Early (122 days) Single Expiry Option
ICE API 2 Rotterdam Coal Early (214 days) Single Expiry Option
ICE API 4 Richards Bay Coal Early (214 days) Single Expiry Option
ICE globalCOAL Newcastle Early (214 days) Single Expiry Option
ICE API 2 Rotterdam Coal Early (305 days) Single Expiry Option
ICE API 4 Richards Bay Coal Early (305 days) Single Expiry Option
ICE globalCOAL Newcastle Early (305 days) Single Expiry Option
The following U.S. environmental contracts will be available for trading at ICE Futures U.S. and cleared at ICE Clear Europe on June 9, 2014, subject to completion of relevant regulatory processes:
U.S. Physical Environmental Options
ICE Regional Greenhouse Gas Initiative Option – Vintage 2015
ICE Regional Greenhouse Gas Initiative Option – Vintage 2016
ICE California Carbon Allowance Option – Vintage 2017
ICE California Carbon Allowance Option – Vintage 2018
