Press Release
Record Breaking Day for ICE Coal Futures
LONDON AND SINGAPORE – 15 April 2010
The ICE Coal Futures portfolio set a new record on the 14th of April, 2010 by trading 15,410 lots – over 15 million tonnes of coal – in a single day.
The ICE Rotterdam Coal Futures contract took the lion’s share of this volume as 13,665 lots were cleared via ICE Clear Europe® – marking an all-time high for the product. The ICE Richards Bay and globalCOAL ICE Newcastle contracts respectively traded 1,415 and 330 lots that day.
The market for ICE Coal Futures has been vibrant in April, with three days registering volumes above the 10 million tonne mark. As of April 14th, 71,870 lots had been traded.
The ICE Futures Europe® coal Futures offering currently consists of three financially-settled Futures contracts for Rotterdam, Richards Bay and Newcastle. It is the only actively traded suite of international coal Futures contract worldwide.
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