The International Petroleum Exchange, based in London, is one of the world's largest energy futures and options exchanges. Brent Crude is a world benchmark for oil prices, but the exchange also handles futures contracts and options on gas oil, natural gas, electricity (baseload and peakload), coal contracts and, as of 22 April 2005, carbon emission allowances with the European Climate Exchange (ECX). The exchange has been known as ICE Futures since 2005. Bloomberg Financial Dictionary
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See International Petroleum Exchange. The UK exchange for dealing in energy derivatives, such as Brent futures. Dresdner Kleinwort Wasserstein financial glossary
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International Petroleum Exchange (IPE)
The world's second largest and Europe's leading energy futures and options exchange. London Stock Exchange Glossary
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The International Petroleum Exchange. Europe's leading market for energy derivatives and the home of the Brent futures contract.
■ www.ipe.uk.com ■
► See also Brent.
Financial and business terms. 2012.