ICE Futures U.S. Inc.

55 East 52nd Street

40

th Floor

New York, NY 10055

Tel: +1 212.748.4000 I Fax: +1 212.748.4005

ice.com ICE Futures US, Inc. a designated contract market under 

the Commodity Exchange Act, as amended.

Submission No. 24-2

January 4, 2024

Mr. Christopher J. Kirkpatrick

Secretary of the Commission

Office of the Secretariat

Commodity Futures Trading Commission

Three Lafayette Centre

1155 21st Street, NW

Washington, DC 20581

Re: Amendments to the Micro NYSE FANG+TM Index Futures Market Maker Program 

Submission Pursuant to Section 5c(c)(1) of the Act and Regulation 40.6(a)

Dear Mr. Kirkpatrick:

Pursuant to Commodity Futures Trading Commission (“CFTC”) Regulation 40.6(a), ICE Futures 

U.S., Inc. (“IFUS” or “Exchange”) hereby submits by written certification, the amendments to the terms of 

the MICRO NYSE FANG+ Index Futures Market Maker Program (“Program”) set forth in Exhibit A. 

The Exchange certifies that the Program complies with the requirements of the Commodity 

Exchange Act and the rules and regulations promulgated thereunder. In particular, the Program complies 

with Core Principle 4 (Monitoring of Trading), Core Principle 9 (Execution of Transactions) and Core 

Principle 12 (Protection of Market Participants). The Program does not impact order execution priority or 

otherwise give participants any execution preference or advantage. In addition, the Exchange’s Market 

Regulation Department actively monitors for trading abuses using electronic exception reports and will take 

appropriate action against any participants engaging in market abuses. 

The Exchange is not aware of any opposing views with regard to the Program, which will become 

effective on January 19, 2024 and further certifies that, concurrent with this filing, a redacted copy of this 

submission was posted on the Exchange’s website at (https://www.theice.com/futures-us/regulation#rulefilings). 

If you have any questions or need further information, please contact me at 212-748-4021 or at 

jason.fusco@theice.com.

Sincerely,

Jason V. Fusco

Assistant General Counsel

Market Regulation

Enc.
 

EXHIBIT A

[PARAGRAPH REDACTED]

MICRO NYSE FANG+TM Index Futures Market Maker Program

Program Purpose

The purpose of the program is to support liquid electronic markets in the covered contract. 

Product Scope

NYSE FANG+ Index futures contract. 

Eligible Participants

 

The program is open to a maximum of 10 proprietary trading participants who agree to make twosided markets in the MICRO NYSE FANG+ futures contracts. 

Program Term

The term of the Program shall end on December 31, 202[3]4, unless extended by the Exchange. 

The Exchange reserves the right to amend or end the program and/or to terminate any participant 

at any time prior to that date.

Obligations 

Participants must show a bid/offer on screen in central limit order book on a best-efforts basis in 

the MICRO NYSE FANG+ Index futures contract.

Program Incentives

[PARAGRAPH REDACTED]

Monitoring and Termination of Status

The Exchange shall monitor trading activity and Participants' performance and shall retain the 

right to revoke Participants' status if it concludes from review that a Program Participant has failed 

to meet its obligations or no longer meets the eligibility requirements of this Program.