What futures are traded on ICE?
ICE operates three futures exchanges including London-based ICE Futures Europe, which hosts trading in half of the world’s crude and refined oil futures contracts traded each day. ICE Futures U.S. and ICE Futures Canada list agricultural, currency and Russell Index futures and options markets.
What does ICE stand for in commodities?
The Intercontinental Exchange (ICE) is an American company that owns and operates financial and commodity marketplaces and exchanges. It was founded in May 2000 in Atlanta, Georgia. ICE operations include futures exchanges, cash exchanges, central clearing houses, and market services for off-exchange trading.
How many barrels is one contract?
1,000 barrels
Crude oil futures contract units are 1,000 barrels of crude oil.
Can individuals trade on ICE?
Responsible Individuals In order to trade on the electronic platform the Member must register at least one Responsible Individual (RI) with ICE Futures Europe in accordance with ICE Futures Europe Trading Procedures. Responsible Individuals must follow a set of guidelines that govern trading on the Exchange.
What is the difference between CME and ICE?
CME Group stock is more expensive than Intercontinental Exchange’s stock. The difference is largely explained by margins — CME has 54% operating margins, compared with ICE’s 39% margins. CME also has a higher dividend yield — 1.45% versus 1.15% –and slightly higher earnings growth.
What sector is ICE in?
Finance
Common Stock (ICE) Stock Price, Quote, News & History | Nasdaq….Key Data.
| Label | Value |
|---|---|
| Exchange | NYSE |
| Sector | Finance |
| Industry | Investment Bankers/Brokers/Service |
| 1 Year Target | $154.00 |
How much is a Nasdaq futures contract?
E-mini Nasdaq futures contract specifications
| Exchange | Chicago Mercantile Exchange, NQ |
|---|---|
| Contract Size | $20 x the Nasdaq 100 (Micro E-mini Nasdaq contracts also available) |
| Minimum Tick Size and Value | 0.25, worth $5.00 per contract. |
How much is a crude oil contract?
Crude oil futures contract specifications 0.01 per barrel, worth $10.00 per contract. Electronic trading of crude oil futures is conducted from 6:00 p.m. U.S. until 5:00 p.m. U.S. ET via the CME Globex® trading platform, Sunday through Friday.
Who owns the ICE exchange?
Jeffrey Sprecher
The Intercontinental Exchange (ICE) is an American Fortune 500 company formed in 2000 that operates global exchanges, clearing houses and provides mortgage technology, data and listing services….Intercontinental Exchange.
| Type | Public |
|---|---|
| Founded | May 11, 2000 |
| Founder | Jeffrey Sprecher |
| Headquarters | Atlanta, Georgia , U.S. |
How does ice stock make money?
The exchanges generate revenue from trading and clearing fees. This is a business that requires the company to take limited credit risk, which is a huge advantage in the current economic environment. Last year, 43% of Intercontinental Exchange’s net revenue came from clearing and trading.