ICE, parent company of the New York Stock Exchange, plans to partner with Trade.xyz to launch a perpetual futures market in the United States.

According to Bloomberg, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is partnering with Trade.xyz to launch perpetual futures products in U.S. regulated markets. The two parties plan to establish a new perpetual futures trading marketplace, equipped with independent clearing, KYC, and anti-money laundering systems, pending regulatory approval.