ICE Launches First Indian Rupee Futures at a U.S. Exchange on Jan 22

ICE Futures U.S. announced that it will launch a new cash-settled currency futures contract based on the Indian rupee/U.S. dollar exchange rate on Tuesday, January 22. The ICE rupee contract will be the first futures contract on the Indian currency offered by a U.S. exchange. It offers market participants the ease of doing business in a regulated futures environment for execution and clearing, alongside ICE’s suite of more than 60 currency contracts, which includes the U.S. Dollar Index. The listing of the Indian rupee contract recognizes the increasing importance and integration of India into the world economy and responds to…

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