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Intercontinental Exchange Launches 10 New MSCI� Index Futures

Four New Contracts Help Manage Climate Risk and Are Only Available on ICE Futures U.S.

The Additional Six Contracts Provide Specific Regional Exposure

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today announced the launch of futures on an additional 10 MSCI Indices.

Four of the MSCI Indices help market participants better understand the opportunities and risks associated with climate change and transitioning to a low carbon economy. These new carbon- and climate-focused index futures capture exposure to large and mid-cap securities across developed countries and allow investors to holistically integrate climate and carbon risk considerations into their investment process. The new carbon- and climate-focused MSCI Index futures include:

  • MSCI World Low Carbon Leaders NTR Index Future (contract symbol WLC)
  • MSCI World Low Carbon Target NTR Index Future (contract symbol WLT)
  • MSCI Europe Climate Change NTR Index Future (contract symbol EU1)
  • MSCI World Climate Change NTR Index Future (contract symbol WOW)

This launch further expands ICE�s offering of MSCI ESG Futures, which comprises six MSCI ESG Leaders Futures and the MSCI USA Climate Change Futures.

ICE is also listing futures on a new index developed by MSCI in conjunction with ICE and market participants, the MSCI China Technology DR and P-Chip NTR Index Futures (contract symbol CHT). The index aims to track the performance of a set of Chinese companies represented by Depository Receipts and P Chips that generate revenue from technology-related activities.

ICE is also listing futures on an additional four MSCI country-specific indices, which allow market participants to efficiently hedge or gain exposure to indices that capture large and mid-cap companies in Australia, Malaysia, Thailand and Hong Kong, and one regional index, the MSCI Kokusai GTR Index, denominated in Japanese Yen, also known as the MSCI World ex Japan Index. The new MSCI Futures contracts are listed below:

  • MSCI Kokusai GTR Index (contract symbol KKS)
  • MSCI Australia NTR Index (contract symbol AS7)
  • MSCI Malaysia NTR Index (contract symbol MYY)
  • MSCI Thailand NTR Index (contract symbol THG)
  • MSCI Hong Kong NTR Index (contract symbol HKX)

ICE recently launched futures on the MSCI Emerging Markets ex China NTR Index, which began trading on November 23, 2020, and allows market participants to gain exposure in 25 of the 26 Emerging Markets countries excluding China in a single, effective instrument.

George Harrington, Global Head of Futures and Options Licensing at MSCI, said: �As the world�s largest provider of ESG indexes, we have witnessed fast adoption of climate indexes over the past 18 months as institutional investors look to position themselves for transition to a low-carbon economy. We are pleased to expand our relationship with ICE as investors around the world look to capture climate change risks and opportunities across the investment process.�

�ICE is the leading venue for MSCI Index Futures and lists more than 100 futures contracts,� said Caterina Caramaschi, Global Head of Equity Derivatives at ICE. �ICE remains committed to providing market participants with tools to benchmark and effectively manage equity risk across various geographic-specific and ESG-related index futures.�

To learn more about MSCI Index Futures, please visit: https://www.theice.com/equity-index/msci.

MSCI� and the MSCI indexes are trademarks and service marks of MSCI Inc. or its affiliates and are used under license.

About Intercontinental Exchange

Intercontinental Exchange (NYSE: ICE) is a Fortune 500 company and provider of marketplace infrastructure, data services and technology solutions to a broad range of customers including financial institutions, corporations and government entities. We operate regulated marketplaces, including the New York Stock Exchange, for the listing, trading and clearing of a broad array of derivatives contracts and financial securities across major asset classes. Our comprehensive data services offering supports the trading, investment, risk management and connectivity needs of customers around the world and across asset classes. As a leading technology provider for the U.S. residential mortgage industry, ICE Mortgage Technology provides the technology and infrastructure to transform and digitize U.S. residential mortgages, from application and loan origination through to final settlement.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at http://www.intercontinentalexchange.com/terms-of-use. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading �Key Information Documents (KIDS).�

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2019, as filed with the SEC on February 6, 2020.

SOURCE: Intercontinental Exchange

ICE-CORP

Contacts

ICE Media Contact:
Damon Leavell

[email protected]
212-323-8587

ICE Investor Contact:
Warren Gardiner

[email protected]
770-835-0114

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