Ice Futures to launch WTI contract

Ice Futures will launch a cash-settled West Texas Intermediate (WTI) light sweet crude oil futures contract on February 3. The contract will be automatically available to all users with access to Ice Futures oil contracts.

The addition of WTI crude futures to Ice’s existing Brent contract brings the world’s two most significant crude oil benchmarks together on Ice’s electronic trading platform.

“Following the successful transition to electronic trading in our global futures business, we have seen great demand for an electronically traded WTI futures contract from a wide range of market participants,” said Jeffrey C. Sprecher, ICE’s Chairman and CEO. “With the tremendous amount of business that takes place on a

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