Futures look bright for Ice

- By FX Markets Staff
- @FXMarkets_
- 08 Dec 2008

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The futures are offered in 12 currency pairs, trading at a notional size of $1 million, and were launched on November 6 (FX Week, October 13). Ray McKenzie, head of sales for the US at Ice Futures, said the launch has gone better than he expected, although slow initial trading, coupled with the Thanksgiving holiday, has affected volumes. To date, the highest number of contracts traded on one day was 735 on November 19.

"We have a commitment from 20 market-makers, with half of those quoting on a

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