The ICE Futures U.S exchange (formerly the NY Board of Trade) is closing its trading floor from October 2012 as volume goes electronic. All options listed on ICE Futures U.S will then trade exclusively through its electronic trading system.
Ben Jackson is president of the US business. He started his career in the Financial Services Strategy Practice of Andersen Consulting.
In April 2011, electronic execution accounted for approximately 10% of ICE US options volume, compared to more than 75% today - a strong validation signal that the physical trading floor was a waste of space. Mr Jackson previously championed mass adoption of Kiodex - an ASP-based commodities risk management platform for corporate hedgers owned by SunGard.
Ben Jackson is president of the US business. He started his career in the Financial Services Strategy Practice of Andersen Consulting.
In April 2011, electronic execution accounted for approximately 10% of ICE US options volume, compared to more than 75% today - a strong validation signal that the physical trading floor was a waste of space. Mr Jackson previously championed mass adoption of Kiodex - an ASP-based commodities risk management platform for corporate hedgers owned by SunGard.
