ICE looks to encourage Brent futures exchange shift

摘要

London—The IntercontinentalExchange issueda note June 13 encouraging traders holdingcontracts in ICE Brent futures and options totake advantage of the narrowing inter-monthspreads and shift positions to its new BrentNX contract.The Brent NX contract was launched lastDecember and trades in parallel with theexisting Brent crude contracts, but with a25-day expiry calendar to reflect changes inthe physical Brent crude market that cameinto effect in January, up 10 days from theexisting Brent contract’s 15 days.