ICE to Start First EU Bond Futures Trading Next Month
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Intercontinental Exchange Inc. plans to launch a futures contract for the European Union’s bonds next month, a move that could eventually aid trading volumes in the bloc’s securities.
The derivatives will first trade on Dec. 9, subject to regulatory approval, according to a ICE notice to clients dated Friday. The futures will reflect movements in the ICE 8-13 Year European Union Index, it said.