Intercontinental Exchange Futures

ICE Announces Approval of Electronic Trade Document Solution for the Delivery of Commodities Globally

Retrieved on: 
Friday, December 8, 2023
Banking, Professional Services, Finance, NYSE, Club, Intercontinental Exchange Futures, Paper, Ecosystem, International Marxist Group, Intercontinental, Documentation, Intercontinental Exchange, Legislation, ICE, Mobile phone

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that its ICE CargoDocs Local Law electronic bill of lading solution has received approval by global shipping insurance body, the International Group of Protection & Indemnity Clubs (IG P&I), helping accelerate ICE’s work to replace paper-based trade delivery documentation with electronic documents.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that its ICE CargoDocs Local Law electronic bill of lading solution has received approval by global shipping insurance body, the International Group of Protection & Indemnity Clubs (IG P&I), helping accelerate ICE’s work to replace paper-based trade delivery documentation with electronic documents.
  • IG P&I represents the 12 Clubs providing marine liability cover for 90% of the world’s ocean-shipped tonnage.
  • ICE CargoDocs enables physical trade and supply chain participants to digitize the entire lifecycle of key title and supporting documents used in domestic and international trade and trade finance.
  • ICE CargoDocs is provided by ICE Digital Trade which digitizes complex, fragmented, and paper-based processes, bringing increased transparency and collaboration across the many different participants involved in the physical delivery of commodities.

R.J. O'Brien Promotes Matt Heidkamp to COO, U.S., Gemma Lloyd to COO, EMEA

Retrieved on: 
Monday, October 9, 2023
ITIL, CBOT, IPE, Champaign–Urbana metropolitan area, University, Goldman Sachs, Intercontinental Exchange Futures, Gemma, ED, Growth, State Street, Chase Bank, Lloyd, Business development, University of Greenwich, Management

Terry Gilhooly, Global COO, said: "Matt has tremendous expertise and experience in the space, particularly in operations, and his contributions to what we do have been invaluable.

Key Points: 
  • Terry Gilhooly, Global COO, said: "Matt has tremendous expertise and experience in the space, particularly in operations, and his contributions to what we do have been invaluable.
  • Prior to that role, Lloyd was responsible for technical sales and business development at SEB Investment Management.
  • Earlier in her career, Lloyd was a Clearing Supervisor at Chase Manhattan Bank and at Goldman Sachs.
  • Lloyd earned her Bachelor of Science degree in financial services from the University of Greenwich.

R.J. O'Brien Promotes Matt Heidkamp to COO, U.S., Gemma Lloyd to COO, EMEA

Retrieved on: 
Monday, October 9, 2023
ITIL, CBOT, IPE, Champaign–Urbana metropolitan area, University, Goldman Sachs, Intercontinental Exchange Futures, Gemma, ED, Growth, State Street, Chase Bank, Lloyd, Business development, University of Greenwich, Management

Terry Gilhooly, Global COO, said: "Matt has tremendous expertise and experience in the space, particularly in operations, and his contributions to what we do have been invaluable.

Key Points: 
  • Terry Gilhooly, Global COO, said: "Matt has tremendous expertise and experience in the space, particularly in operations, and his contributions to what we do have been invaluable.
  • Prior to that role, Lloyd was responsible for technical sales and business development at SEB Investment Management.
  • Earlier in her career, Lloyd was a Clearing Supervisor at Chase Manhattan Bank and at Goldman Sachs.
  • Lloyd earned her Bachelor of Science degree in financial services from the University of Greenwich.

ICE Completes First Delivery of London Cocoa Using Fully Electronic Warehouse Warrants

Retrieved on: 
Monday, October 2, 2023
Professional Services, Data Management, Technology, Transport, Logistics, Supply Chain Management, Fintech, TTF, ICE, SDP, Intercontinental, Carbon, Intercontinental Exchange Futures, Intercontinental Exchange, Natural gas, NYSE, OI, Security (finance), Rapeseed oil, Coffee

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and home to the largest soft commodity futures and options markets in the world, today announced the successful delivery of London Cocoa using fully electronic warehouse warrants, replacing for the first time the paper-based systems historically used by customers in the delivery process.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and home to the largest soft commodity futures and options markets in the world, today announced the successful delivery of London Cocoa using fully electronic warehouse warrants, replacing for the first time the paper-based systems historically used by customers in the delivery process.
  • ICE’s next generation Softs Deliveries Platform (“SDP”) records commodities stored in warehouses for delivery under ICE’s futures contracts, electronifying the grading, tender, delivery, and warrant management processes involved.
  • ICE delivered 123,260 tons of London cocoa in September, the largest delivery of the contract since March 2017, with paper warrants migrated to electronic warrants on the SDP ahead of expiry.
  • On average, approximately 13,500 paper warrants have been produced each year by ICE Nominated Warehousekeepers on behalf of sellers of London cocoa and Robusta coffee.

ICE Sees Strong Demand for Global Soft Commodity Markets as Markets React to Changing Weather Patterns

Retrieved on: 
Friday, July 7, 2023
Finance, Banking, Professional Services, Asset Management, Fintech, London, Calendar, TTF, ICE, Intercontinental, Risk management, Carbon, Intercontinental Exchange Futures, Intercontinental Exchange, Natural gas, Weather, NYSE, OI, Auction, Vegetable oil, Cotton, Rapeseed oil, Cocoa, Coffee

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and home to the largest soft commodity futures and options markets in the world, today announced strong first half volumes and open interest across soft commodities as customers respond to changing weather patterns and its impact on commodity supplies.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and home to the largest soft commodity futures and options markets in the world, today announced strong first half volumes and open interest across soft commodities as customers respond to changing weather patterns and its impact on commodity supplies.
  • ICE’s soft commodity Options markets are performing particularly strong with OI across the portfolio up 22% y/y at 1.9 million, with customers increasingly utilizing ICE's Calendar Spread Options products to manage spread volatility between futures contract months.
  • ICE’s soft commodities markets are one part of ICE’s extensive global energy and commodity markets including the global benchmarks Brent Crude Oil, TTF natural gas and European carbon allowances.
  • Open interest across ICE’s commodity markets is up 12% y/y at 52.6 million contracts with average daily volume up 7% y/y at 3.9 million contracts.

The Master Energy Hedging Equation: Two Day Energy/Electricity Futures, Options, and Derivatives Program (Houston, United States - June 22-23, 2023) - ResearchAndMarkets.com

Retrieved on: 
Monday, May 1, 2023
Utilities, Energy, Trigger, Clearing house, CME, Mechanics, Uche Ogah, Marketing, Investment company, ICE, Electricity, Risk management, Strategic planning, Black, Intercontinental Exchange Futures, Non-bank financial institution, Carnegie Mellon University, Risk, Natural gas, OTC, Chicago Mercantile Exchange, LMP, Utility, FCM, Cryptocurrency, Security (finance), Public utility

What the differences are between a futures commission merchant ("FCM"), over-the-counter broker, trader, market-maker, power marketer and wholesale energy merchant.

Key Points: 
  • What the differences are between a futures commission merchant ("FCM"), over-the-counter broker, trader, market-maker, power marketer and wholesale energy merchant.
  • What basis risk is, and how basis, spread, LMP and delivery risks can blow up your energy and electricity hedges.
  • What The Master Energy Trading Equation is, and why trading energy and electricity is different from trading financial products and other commodities.
  • John Adamiak is President and Founder of PGS Energy Training and an expert in energy derivatives and electric power markets.

Energy/Electricity Futures, Options, and Derivatives Training Program: Gain an Understanding of Natural Gas, Oil and Electricity Financial Instruments (Houston, United States - April 13-14, 2023)

Retrieved on: 
Tuesday, February 28, 2023
Trigger, Marketing, Uche Ogah, Non-bank financial institution, Natural gas, Chicago Mercantile Exchange, Utility, ICE, Clearing house, Carnegie Mellon University, OTC, Risk, Black, Intercontinental Exchange Futures, FCM, Strategic planning, Electricity, Mechanics, CME, Investment company, Risk management, LMP, Cryptocurrency, Security (finance), Public utility

How "cash margining" is done with a futures exchange, its cash management impact and the role of the Clearinghouse.

Key Points: 
  • How "cash margining" is done with a futures exchange, its cash management impact and the role of the Clearinghouse.
  • What the differences are between a futures commission merchant ("FCM"), over-the-counter broker, trader, market-maker, power marketer and wholesale energy merchant.
  • What basis risk is, and how basis, spread, LMP and delivery risks can blow up your energy and electricity hedges.
  • Why Trigger Deals are so popular, and what the difference is between the financial and physical basis ("fin" and "phys").

Energy/Electricity Futures, Options, and Derivatives Training Program: Gain an Understanding of Natural Gas, Oil and Electricity Financial Instruments (Houston, United States - April 13-14, 2023) - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 31, 2023
Oil, Gas, Energy, Trigger, Chicago Mercantile Exchange, Mechanics, Investment company, FCM, Intercontinental Exchange Futures, Natural gas, Strategic planning, Non-bank financial institution, Electricity, Uche Ogah, Risk, Black, Clearing house, Marketing, Utility, Risk management, LMP, Carnegie Mellon University, OTC, CME, ICE, Cryptocurrency, Security (finance), Public utility

How "cash margining" is done with a futures exchange, its cash management impact and the role of the Clearinghouse.

Key Points: 
  • How "cash margining" is done with a futures exchange, its cash management impact and the role of the Clearinghouse.
  • What the differences are between a futures commission merchant ("FCM"), over-the-counter broker, trader, market-maker, power marketer and wholesale energy merchant.
  • What basis risk is, and how basis, spread, LMP and delivery risks can blow up your energy and electricity hedges.
  • Why Trigger Deals are so popular, and what the difference is between the financial and physical basis ("fin" and "phys").

2 Day Energy/Electricity Futures, Options, and Derivatives Training Course (New York, United States - June 20-21, 2023) - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 26, 2023
Education, Training, Energy, Utilities, Trigger, Chicago Mercantile Exchange, Mechanics, Investment company, FCM, Intercontinental Exchange Futures, Natural gas, Strategic planning, Non-bank financial institution, Electricity, Uche Ogah, Risk, Black, Clearing house, Marketing, Utility, Risk management, LMP, Carnegie Mellon University, OTC, CME, ICE, Cryptocurrency, Security (finance), Public utility

How "cash margining" is done with a futures exchange, its cash management impact and the role of the Clearinghouse.

Key Points: 
  • How "cash margining" is done with a futures exchange, its cash management impact and the role of the Clearinghouse.
  • What the differences are between a futures commission merchant ("FCM"), over-the-counter broker, trader, market-maker, power marketer and wholesale energy merchant.
  • What basis risk is, and how basis, spread, LMP and delivery risks can blow up your energy and electricity hedges.
  • John Adamiak is President and Founder of PGS Energy Training and an expert in energy derivatives and electric power markets.

2 Day Energy/Electricity Futures, Options, and Derivatives Training Course (New York, United States - June 20-21, 2023)

Retrieved on: 
Tuesday, January 24, 2023
Trigger, Carnegie Mellon University, Uche Ogah, Marketing, Mechanics, Utility, Natural gas, Investment company, Chicago Mercantile Exchange, Clearing house, OTC, CME, FCM, Non-bank financial institution, Risk management, Black, LMP, Risk, Strategic planning, ICE, Electricity, Intercontinental Exchange Futures, Cryptocurrency, Security (finance), Public utility

How "cash margining" is done with a futures exchange, its cash management impact and the role of the Clearinghouse.

Key Points: 
  • How "cash margining" is done with a futures exchange, its cash management impact and the role of the Clearinghouse.
  • What the differences are between a futures commission merchant ("FCM"), over-the-counter broker, trader, market-maker, power marketer and wholesale energy merchant.
  • What basis risk is, and how basis, spread, LMP and delivery risks can blow up your energy and electricity hedges.
  • John Adamiak is President and Founder of PGS Energy Training and an expert in energy derivatives and electric power markets.