ICE Preps for NGX Crude Data

The IntercontinentalExchange is to add market data on over-the-counter contracts based on crude oil traded on Canada’s National Gas Exchange to its data products, as part of a recently-announced deal to trade the contracts on ICE’s electronic trading platform.

An ICE spokesperson says the exchange will provide further details of the contracts later this quarter, but that under the terms of the agreement between the two exchanges, ICE will provide the technology platform for trading the contracts

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