ICE Futures U.S.
Products
- Futures exchanges (referred to as Designated Contract Markets or “DCMs”) are regulated entities that may list for trading futures or option contracts based on all types of commodities. ICE Futures U.S. (“ICE”) is a registered DCM
- The terms of each futures contract listed for trading on ICE and the rules governing trading and all other business conducted on ICE are set forth in the Exchange’s Rulebook which is published on the ICE website
- All of the substantive rules contained in the ICE Rulebook must be submitted to the CFTC for review before they can become effective.
- The Exchange Rules are designed to foster an open, competitive, and financially sound futures marketplace
- DCMs are subject to comprehensive regulation by the CFTC and subject to the requirements of the Commodity Exchange Act, as amended (the “CEA”) and the regulations issued by the CFTC pursuant to the CEA
- These requirements include conducting business in accordance with 23 core principles and the CFTC regulations that implement those core principles. CFTC staff perform regular reviews of each DCM's ongoing compliance with the core principles
- DCMs may allow access to their trading facilities by many types of traders, including retail customers
- Most participants in the futures markets are commercial or institutional commodities producers or consumers. A breakdown in markets can be found here
- Most participants are commercial firms, such as producers or consumers of a commodity, hedging their exposure to commodity prices rising or falling. In this way “hedgers” use futures to manage their risk and reduce the risk of financial losses from price changes
- Other participants include financial firms who use futures to hedge as well as profit from price changes in futures contracts. These firms play a critical role in providing liquidity to futures markets and two-way prices to allow commercial firms to offload risk
Clearing House
NYSE Liffe U.S. Historical Resources
Resources
Equity Derivatives: Growth, Diversification & Scale
With new volume records and all-time high open interest levels, ICE markets continue to lead across the equity derivatives space.
White Paper: Time Traveling the Natural Gas Market
North American natural gas is one of the most volatile publicly traded commodities in the world. This paper provides an overview of the physical gas market.
Market Innovation: ERIS Credit Futures
Using the ERIS methodology, we launched cash-settled futures contracts that replicate the economics of credit default swaps.
End of Day Reports
See daily market data including closing price, total volume traded and open interest for U.S. contracts on agriculture commodities, equity indexes, currencies, and North American natural gas and power.
Equity Derivatives: Growth, Diversification & Scale
With new volume records and all-time high open interest levels, ICE markets continue to lead across the equity derivatives space.
White Paper: Time Traveling the Natural Gas Market
North American natural gas is one of the most volatile publicly traded commodities in the world. This paper provides an overview of the physical gas market.
Market Innovation: ERIS Credit Futures
Using the ERIS methodology, we launched cash-settled futures contracts that replicate the economics of credit default swaps.
End of Day Reports
See daily market data including closing price, total volume traded and open interest for U.S. contracts on agriculture commodities, equity indexes, currencies, and North American natural gas and power.