ICE to close open outcry pits

Global exchange operator and over-the-counter energy marketplace IntercontinentalExchange (ICE), is to close all open outcry trading for futures contracts by the end of February.

Contracts that will transition to fully electronic markets include coffee, cocoa, cotton, orange juice, sugar, equity indexes and currencies, while open outcry trading for all options on futures contracts will continue until the exchange provides a timeline for the introduction of electronic options.

The move will mean an

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: