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Stock impact report

ICE Launches FTSE® South Korea RIC Capped Index Futures

Intercontinental Exchange Inc. (ICE) 
Last intercontinental exchange inc. earnings: 4/30 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.theice.com
Company Research Source: Business Wire
NEW YORK & LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced the launch of FTSE® South Korea RIC Capped Index Futures (FTSE® Korea futures).This new CFTC-approved contract (contract code: SKO), created in alignment with FTSE Russell and the Korea Exchange Inc. (KRX), combines FTSE Russell’s RIC Capped methodology - developed to support regulatory alignment and limit single-name concentration - with KRX’s market expertise and ICE’s globally traded, deeply liquid futures platform. The contract is designed to provide international investors with efficient and consistent access to Korea’s equity market.The contract is USD-denominated and designed to support effective portfolio and risk management needs to help enable international investor’s participation in South Korean equity markets. The new FTSE® Korea futures is part of ICE’s Index futures suite and can be traded directly by U.S.-based market par Show less Read more
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