ICE Futures expand coal offering

02 Apr 2008

Intercontinental Exchange (ICE) and GlobalCoal will develop and launch two new coal futures contracts on ICE Futures Europe. The contracts will consist of financially settled NEWC coal futures, to be launched mid-2008, and physically settled ARA coal futures, to be launched later in the...

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“The fact is, an awful lot of people would be very happy for all business to be transacted over the counter. Transparency is good for the consumer, but privacy is better for the banks and the brokers. Wherever there’s a grey area, it’s possible to make money.”

European consultants predict frantic lobbying during the Mifid review.