Trade at ICE's New York Trading Center

Discussion in 'Wall St. News' started by JayS, Apr 9, 2007.

  1. JayS

    JayS

    ICE Announces April 12 Opening Of NYC Trading Center - State-Of-The-Art Facility Offers Professional Traders Access To Global Electronic Markets

    http://www.exchange-handbook.co.uk/index.cfm?section=news&action=detail&id=66226


    ICE New York Trading Center:

    https://www.theice.com/trading_center.jhtml

    ICE is pleased to announce the opening of its New York Trading Center in April 2007 at 2 World Financial Center. The new, 10,000 sq. foot, state-of-the-art facility is designed to cater to derivatives traders in energy, agricultural and financial products.

    The ICE trading center will feature over 60 private trading stations, each fully equipped with a computer, multi-line telephone, dual 19" monitors and a high-speed Internet connection. WebICE, Trading Technologies (TT) and CQG front-ends will be available, as well as other ISV's upon request.

    Access to the ICE Trading Center will require a minimum monthly volume commitment and a monthly usage fee of $1000. ICE will waive the usage fee for the first month of trading.

    The ICE New York Trading Center will be located on the mezzanine of 2 World Financial Center near the Winter Garden, and will operate from 7:00 a.m. until 6:00 pm. each trading day.
     
  2. marketsurfer

    marketsurfer Sponsor

    has anyone traded here? what are the advantages of being on an electronic floor other than speed??

    thanks,

    surf
     
  3. You're kidding?
     
  4. marketsurfer

    marketsurfer Sponsor


    no. what's the advantage, other than speed, for ice's NYC floor?

    surf
     
  5. spread

    spread

    The advantage is for ICE, not for you.
     
  6. just21

    just21

    So who do you clear through?
     
  7. JayS

    JayS

  8. marketsurfer

    marketsurfer Sponsor

    still waiting for an answer to my question:

    what's the advantage of trading from ICE trading floor??

    ICE team, anyone???

    surf
     
  9. JaneE

    JaneE

    I can't imagine that there is a benefit to trading from a trading floor any more. ICE obviously just wants access to their products, and the trading floor was just part of the deal. They got saddled with a legacy liability in order to get at the good stuff.
     
  10. JayS

    JayS

    #10     Apr 13, 2007