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