Intercontinental Exchange Announces Launch of Marine Fuel Contracts in advance of IMO 2020
(WorldNews Belgium)

INVESTORS INTERCONTINENTAL EXCHANGE ANNOUNCES LAUNCH OF MARINE FUEL CONTRACTS IN ADVANCE OF IMO 2020 Released : 13 December 2018 LONDON & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced plans to launch new Marine Fuel 0.5% futures contracts in advance of the implementation of the 0.5% sulphur cap by the International Maritime Organization (IMO) in 2020. The new contracts are expected to launch on February 4, 2019, subject to completion of relevant regulatory processes. ICE`s new futures contracts will settle against S&P Global Platts physical marine...