Asset Classes

Metals

ICE operates precious metals and iron ore markets that have been developed based on customer feedback. ICE Futures US operates the most liquid US futures markets for mini gold and silver futures and options and ICE Futures Europe provides iron ore futures contract based on both Platts and The Steel Index (TSI) underlyings.



ICE Metals Groups


Iron Ore

Iron ore is a mineral with metallic iron (Fe) content. High grade iron ore contains at least 60% Fe content, and the industry has adopted the 62% Fe specification as a standard benchmark for derivative transactions. ICE offers Iron Ore futures based on both the Platts Iron Ore 62% Fe index and The Steel Index (TSI) daily assessments. ICE provides effective management of price risk around steel input costs; this type of price risk management has long been available for other factors of production and complements ICE’s existing suite of energy futures contracts.

Featured Iron Ore Products

Iron Ore 62% FE (Platts IODEX) Future Iron Ore 62% FE (TSI), CFR Tianjin Future
Iron Ore 62% Fe (TSI), 500 dmt CFR Tianjin Future Iron Ore 62% FE Platts IODEX VS TSI CFR Tianjin Future


Precious Metals

ICE's precious metal complex includes the 1-kilo Mini Gold futures contract, which is the most effective physically delivered futures contract able to facilitate transactions in high grade kilo bars, while enabling efficient hedging or exposure to gold prices. Through liquid and transparent markets and simplified delivery procedures allowing for delivery in kilo bar units, we provide precious metals market participants an efficient tool to manage their positions as well as to implement their investment and hedging strategies. The market is supported by a diverse group of central order book market makers and wholesale liquidity providers ensuring consistent and deep order books throughout the trading day.

Featured Precious Metals Products

Mini-Gold Future Mini-Silver Future
NYSE ARCA Gold Miners Index Future

View all ICE Metals Products