Ice bows to pressure on Brent contract changes

Oil barrels

Atlanta-based Ice is delaying its plan to shift the expiry calendar for Brent futures and options, following an outcry from market participants who say they need more time to prepare for the change. The plan will be implemented on December 6, not November 7 as initially planned, the exchange said in a circular on October 17.

Ice's plan is designed to fix a divergence between the Brent futures expiry calendar and the underlying physical calendar that has crept into the market over the past decade

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: