Intercontinental Exchange - ICE

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DEFINITION of 'Intercontinental Exchange - ICE'

A market based in Atlanta, Georgia that facilitates the electronic exchange of energy commodities. ICE operates completely as an electronic exchange, and it is linked directly to individuals and firms looking to trade in oil, natural gas, jet-fuel, emissions, electric power and commodity derivatives.

BREAKING DOWN 'Intercontinental Exchange - ICE'

ICE was established in May 2000, and has been at the forefront of the commodities exchange market since then. The ICE network offers companies the ability to trade energy commodities with another company around the clock and spanning the globe. ICE also facilitates the exchange of emissions contracts and over-the-counter energy exchange.

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RELATED FAQS
  1. How do futures contracts roll over?

    Traders roll over futures contracts to switch from the front month contract that is close to expiration to another contract ... Read Full Answer >>
  2. Why do companies enter into futures contracts?

    Different types of companies may enter into futures contracts for different purposes. The most common reason is to hedge ... Read Full Answer >>
  3. What does a futures contract cost?

    The value of a futures contract is derived from the cash value of the underlying asset. While a futures contract may have ... Read Full Answer >>
  4. What are the main risks associated with trading derivatives?

    The primary risks associated with trading derivatives are market, counterparty, liquidity and interconnection risks. Derivatives ... Read Full Answer >>
  5. How can an investor profit from a fall in the utilities sector?

    The utilities sector exhibits a high degree of stability compared to the broader market. This makes it best-suited for buy-and-hold ... Read Full Answer >>
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    Electricity can be traded in the financial marketplace like any other commodity. Electricity futures trading offers an alternative ... Read Full Answer >>

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