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NYSE, Crypto Exchange to Offer No-Expire Oil Futures

NYSE, Crypto Exchange to Offer No-Expire Oil Futures

Crypto exchange operator OKX. (Brent Lewin/Bloomberg)


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Key Takeaways:Toggle View of Key Takeaways

  • ICE and crypto exchange OKX plan to launch oil futures that don’t expire, based on key benchmarks like Brent and WTI.
  • The contracts will rely on ICE’s existing futures prices for oil, linking crypto-based trading directly to established global benchmarks.
  • The offering will be available on OKX in regions where it’s licensed, marking a step in blending traditional energy markets with digital trading platforms

Intercontinental Exchange Inc., owner of the New York Stock…

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