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Stock impact report

Intercontinental Exchange Announces Successful First Auction for Permian WTI Crude Oil Storage Futures Deliverable at Magellan East Houston Terminal

Intercontinental Exchange, Inc (ICE)  More Company Research Source: Business Wire
Last intercontinental exchange, inc earnings: 8/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.theice.com
PDF ATLANTA & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced the completion of the first auction for the ICE Permian WTI Crude Oil Storage Futures (HOS), deliverable at Magellan Midstream Partners, L.P.’s (NYSE: MMP) terminal in East Houston, Texas. The auction sold 1,350 lots, or 1.35 million barrels, of storage to five participants, spread across six monthly contracts: May19, Jun19, Jul19, Aug19, Sep19 and Oct19. The storage auction, held at 10:30 am EST on the first Tuesday of each month, is a blind Dutch auction where Magellan makes a variable amount of storage available for bidding. Winning bids of the auction result in a position in the futures contract. “These contracts provide another tool for customers to manage their Permian WTI positions in the Gulf Coast,” [Read more]
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