ICE Provides Update On ICE Murban Futures Ahead Of Launch Of ICE Futures Abu Dhabi On March 29, 2021 Date
IFAD receives regulatory approval from the Monetary Authority of Singapore
Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today provides an update on ICE Futures Abu Dhabi (IFAD).
ICE plans to launch IFAD and trading in ICE Murban Crude Oil Futures on March 29, 2021, subject to the completion of regulatory approvals.
“We are making good progress on securing the regulatory approvals necessary for launch. We have received approval from the Bank of England for ICE Clear Europe to clear contracts traded on IFAD and IFAD is now a Recognized Market Operator by the Monetary Authority of Singapore,” said Jamal Oulhadj, President of ICE Futures Abu Dhabi. “We believe that the combination of our partners, ICE’s extensive global energy network and cust