ICE plans futures tied to Fed, ECB, BOE decisions from August 10

The NYSE parent aims to add contracts linked to major central bank rate decisions and weekly U.S. natural gas storage data, pending regulatory approval.

Summary

Intercontinental Exchange, the parent of the New York Stock Exchange, plans to launch futures contracts linked to Federal Reserve, European Central Bank and Bank of England rate decisions, along with weekly U.S. Energy Information Administration natural gas storage data. The products, which would let traders take positions on scheduled economic releases and policy outcomes, are targeted to begin trading on August 10, subject to regulatory approval.

Terms & Concepts
  • futures: Standardized contracts to buy or sell later
  • Federal Reserve: U.S. central bank that sets monetary policy
  • European Central Bank: Euro zone central bank for monetary policy