Intercontinental Exchange Plans to Launch Futures Products Linked to Monetary Policy Decisions and Energy Reserves

CoinFeed June 29 news, the parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange Group (ICE), is planning to launch new futures contracts linked to global monetary policy decisions and U.S. natural gas inventories, aiming to provide investors with another way to hedge against economic event risks. According to company executives, ICE plans to launch futures products based on the interest rate decisions of the Federal Reserve, European Central Bank, and Bank of England. Subject to regulatory approval, these economic indicator products are planned to go live on August 10. The move aims to allow investors to trade or hedge against the scheduled policy meetings of the three major global central banks and the weekly U.S. natural gas inventory levels released by the Energy Information Administration (EIA).