26 June 2023

General Index (GX) are pleased to announce that ICE today launched three new trading instruments for the gasoline E10 market – the grade that reflects blend stock to be blended with 10% ethanol to produce finished grade gasoline - based onGeneral Index price assessments. The contracts launched today are:

Gasoline Outright - Eurobob Non-Oxy Gasoline NWE FOB Barges (GX) Future     
Gasoline Outright - Eurobob Non-Oxy Gasoline NWE FOB Barges (GX) Balmo Mini Future     
Gasoline Outright - Eurobob Non-Oxy Gasoline NWE FOB Barges (GX) Mini Future

"We are delighted that ICE has chosen General Index as a price provider for these E10 contracts. This is a testament to the quality, reliability and transparency of our price assessments. We look forward to working with ICE to support the development of these markets.”

Neil Bradford, Founder and CEO, General Index

“Our primary goal is always to provide the most complete suite of energy derivatives to meet our customers risk management and trading needs. We’re happy to offer GX’s E10 assessments alongside ICE’s extensive range of deeply liquid crude and refined products, centred around the world’s largest and most liquid crude oil contract in the world, Brent, providing meaningful margin offsets for maximum capital efficiency.”

Jeff Barbuto, Head of Global Oil Markets, ICE

About General Index

General Index brings robust, reliable price transparency to global markets. As the world’s first technology-led benchmark provider, General Index receives and aggregates trade data to build a full view of market activity, and then applies algorithmic index methodologies consistently, accurately and without subjective judgement. General Index is authorised by the UK’s Financial Conduct Authority(FCA) as a benchmark administrator and complies with EU and UK BenchmarkRegulation.

About ICE

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

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For more information, please contact us at info@general-index.com

Press Contacts
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Andrew Wheeler, Marketing Manager, General Index
awheeler@general-index.com

Rebecca Mitchell, Head of Communications ICE Exchanges & Clearing
rebecca.mitchell@ice.com