ICE Futures U.S., a subsidiary of IntercontinentalExchange, announced that it will begin offering foreign exchange futures electronically on the ICE trading platform on November 9.Listing of the foreign exchange futures contracts will occur in phases. In the initial phase, futures on various contracts in U.S. dollars, sterling, Euros, and Swiss francs, will be offered electronically […]
Hill named president and COO
IntercontinentalExchange, Inc. announced today that Thomas Hammond has been appointed president and chief operating officer of ICE Clear U.S., Inc., ICE’s wholly-owned U.S. clearing house. Hammond is a 23-year veteran in North American derivatives clearing operations. He most recently held the position of director at the CME Group, formerly the Chicago Board of Trade, where […]
ICE expects to transition WCE products to electronic trading platform during the fourth quarter
$50 million deal will see ICE acquire Winnipeg Commodity Exchange
$50 million deal expected to close in third quarter
Unnamed party offering $50 million
Deal will maintain all existing WCE staff
Intends to file proxy statement to oppose CME acquisition of CBOT
IntercontinentalExchange, Inc. today announced that it has entered into a definitive agreement to acquire ChemConnect, Inc.’s commodity trading business. ChemConnect is an electronic marketplace for the US$150 billion U.S. natural gas liquids and chemicals markets. Its NGL markets include products such as propane and ethane, and its chemicals business includes commodities such as ethylene, propylene […]