Electronic energy marketplace and soft commodity exchange IntercontinentalExchange has announced that it plans to introduce electronically traded New York Board of Trade financial futures contracts in April 2007.
The contracts include the US Dollar Index and foreign exchange products, and other equity and commodity indices. These futures contracts, as well as options contracts on these products, currently trade exclusively on the New York Board of Trade (Nybot) floor-based open auction markets.
The test environment will be available for these products each trading day commencing on March 16, 2007, in anticipation of an April launch date. It will operate from 1:30AM to 3:15PM ET to allow independent software vendors (ISVs), market data vendors, brokers, algorithmic traders and other registered market participants time to complete system connectivity and functionality testing.
The test environment will be available through ISVs, WebICE and APIs, as well as on the Nybot floor via computer terminals and handheld tablets. The April launch date will be finalized following the introduction of the testing period, IntercontinentalExchange said.