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Article: ICE Announces Launch of Argus Sour Crude Index (ASCI) Futures Contracts.

Article from:
PR Newswire Europe
Article date:
November 11, 2009
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LONDON, November 11 /PRNewswire/ --

IntercontinentalExchange, Inc. (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced the introduction of two cash-settled futures contracts based on the Argus Sour Crude Index (ASCI) and cleared by ICE Clear Europe.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090727/CL51999LOGO )

The new futures contracts are the ICE Argus Sour Crude Index (ASCI) Future, which is an outright contract, and the ICE Argus Sour Crude Index (ASCI) Differential Future, which is the differential between the ASCI and the West Texas Intermediate (WTI) ...

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