ICE Futures Abu Dhabi (IFAD) will be home to the first Murban Crude futures contract*, offering transparent pricing in this global crude for the first time. By establishing a secondary market and offering inter-commodity spreads, participants will have more options to manage risk and clear trades.
ICE Futures Abu Dhabi will complement Murban futures with a series of tradable spread markets to other ICE crude oil benchmarks alongside a series of related derivative contracts including 1st lines, crude swaps and differentials.
ICE Murban futures will clear at ICE Clear Europe alongside ICE Brent, ICE WTI, ICE (Platts) Dubai and ICE Low Sulphur Gasoil benefitting from associated margin offsets, reducing costs and delivering capital efficiencies.
*Subject to regulatory approval