IntercontinentalExchange announces launch of first futures contracts

Intercontinental Exchange announced the launch of its first futures contracts based on battery materials, expanding its energy and environmental markets – which represent the most liquid markets to trade these products – into critical minerals. “Our customers are managing their way through heightened geopolitical risk, the evolving trade flow environment around critical minerals as well as the wider energy market,” said Jeff Barbuto, Global Head of Oil Markets at ICE. “These contracts are important new additions to our energy derivatives offering and we’re looking forward to working with the battery materials industry to find ways to add value to this space and build liquidity alongside our broader energy trading and clearing platform.”