Search results for ICE Futures
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.
General News
Fuel prices fall nationwide after oil price cap takes effect; gasoline at 1,893 won
Average fuel prices at South Korean gas stations extended a three-day slide on Thursday as the government introduced an oil price cap. Regular gasoline averaged 1,893.3 won per litre at 2 a.m., down 5.5 won from a day earlier, while diesel fell 7.9 won to 1,911.1 won. Seoul prices also declined. The government set supply price caps from midnight and will review them every two weeks.
Finance
KRX chairman Jung Eun-bo to visit U.S., UK to expand Korea-linked derivatives and hold KOSPI roadshow
Korea Exchange said its chairman, Jung Eun-bo, will sign contracts in Boca Raton with Eurex and ICE Futures US to fully expand trading hours for Korea-linked index derivatives. The move will allow investors to trade through European and U.S. exchanges without time constraints. Jung will also meet MSCI executives to discuss access improvements and seek cooperation on MSCI developed-market inclusion, before hosting a London roadshow for about 30 global institutions.
