ICE warming up?

The revamped currency contracts on ICE Futures US appear to be attracting some steady early interest. Turnover in its ICE Millions, which were launched on November 6, breached the $1 billion in notional traded barrier for the first time yesterday (Thursday). ICE has taken a relatively low-key approach to marketing the product, suggesting that it is a viable and cost-effective alternative to other offerings, rather than a new market paradigm.

The revamped currency contracts on ICE Futures US appear to be attracting some steady early interest. Turnover in its ICE Millions, which were launched on November 6, breached the $1 billion in notional traded barrier for the first time yesterday (Thursday). ICE has taken a relatively low-key approach to marketing the product, suggesting that it is a viable and cost-effective alternative to other offerings, rather than a new market paradigm.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access