ICE Launches 49 Energy Contracts

IntercontinentalExchange has unveiled 49 new cleared OTC energy contracts. The contracts have been divided into three classes, which are global oil and refined petroleum.

IntercontinentalExchange (ICE) has unveiled 49 new cleared OTC energy contracts. The contracts have been divided into three classes, which are global oil and refined petroleum products, North American natural gas and North American power. The new contracts will be available for trade from May 23, 2011. With the launch of the new products, ICE will now offer more than 470 cleared OTC energy contracts.

Click here for the release from PR Newswire.