Search results for ICE Futures
Crypto
OKX officially announces joint venture with ICE to link traditional finance and digital assets
Global cryptocurrency firm OKX on June 23 officially announced the creation of a joint venture with Intercontinental Exchange, the parent of the New York Stock Exchange. The venture will build next-generation infrastructure for tokenised financial products and digital assets. It will be owned 50-50 and is to launch as a U.S.-registered broker-dealer and futures commission merchant after regulatory approval. OKX users in the United States and overseas will gain direct access to ICE futures and the NYSE tokenised stock market.
AI & Enterprise
AI infrastructure financialisation gains momentum as major investment banks take interest
As hundreds of billions of dollars pour into AI infrastructure, financial markets are shifting and efforts are growing to financialise capital flowing into the sector. Products could emerge that allow trading of computing power costs, including futures tied to GPU rental prices. The Information reported that investment banks, exchanges and data providers are competing to make GPU rental rates an official tradable asset, with Goldman Sachs and JPMorgan exploring listings by year-end.
Crypto
ICE, OKX seek to launch oil-linked perpetual futures
Intercontinental Exchange, the parent of the New York Stock Exchange, and crypto exchange OKX plan to launch perpetual futures linked to benchmark prices for Brent crude and U.S. West Texas Intermediate. The contracts will trade only in jurisdictions where OKX is licensed to offer perpetual futures. Settlement will follow ICE Brent and WTI benchmark prices. The product is the first outcome of a broader cooperation unveiled in March, the companies said.
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General News
Fuel prices fall nationwide after oil price cap takes effect; gasoline at 1,893 won
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Finance
KRX chairman Jung Eun-bo to visit U.S., UK to expand Korea-linked derivatives and hold KOSPI roadshow
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Industry
Oil price surge signs as Hormuz Strait closure looms, South Korea industry on alert
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Finance
Dollar hits 4-year low as Trump calls dollar \'great\', accelerating slide