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ICE to expand OTC product suite


Intercontinental Exchange will launch at least 50 over-the-counter energy contracts beginning in December as the exchange continues to expand its OTC product suite.

The first set of 21 contracts will be launched on December 5. It will comprise North American power and natural gas swaps and oil swaps.

The second batch – of at least 29 contracts – is scheduled to be launched next year but a spokesperson said no date had yet been confirmed.

The new cleared OTC...

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