55 East 52nd Street

New York, NY 10055

BY ELECTRONIC TRANSMISSION

Submission No. 24-1

January 1, 2024

Mr. Christopher J. Kirkpatrick

Office of the Secretariat

Commodity Futures Trading Commission

Three Lafayette Centre

1155 21st Street, NW

Washington, DC 20581

Re: Amendments to ICE Biotechnology GTR Index and ICE Semiconductor GTR Index 

Futures Contracts Market Maker Pool Program - Submission Pursuant to Section 

5c(c)(1) of the Act and Regulation 40.6

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, an amendment 

extending the term of the ICE Biotechnology GTR Index and ICE Semiconductor GTR Index

Futures Contracts Market Maker Pool Program (“Program”), which is set forth in Exhibit A. The 

Exchange believes the Program, which was launched in February 2022 with the listing of the new 

products, will incentivize liquidity and volume in the ICE Biotechnology GTR Index and ICE 

Semiconductor GTR Index Futures Contracts. 

The Exchange certifies that the amended Program, which will become effective on January 

19, 2024, 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 further certifies that, concurrent with this filing, a notice of pending 

certification was posted on the Exchange’s website. A copy of this submission may be accessed at 

((https://www.theice.com/futures-us/regulation#rule-filings). The Exchange is not aware of any 

opposing views with respect to the Program. 
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

General Counsel

Enc.

cc: Division of Market Oversight
EXHIBIT A

ICE Futures U.S.®, Inc. ICE Biotechnology GTR Index and ICE Semiconductor GTR Index 

Futures Contracts Market Maker Pool Program

Program Purpose 

The purpose of the Program is to incentivize participants to increase screen liquidity in the products 

listed below; this enhanced liquidity will benefit all participants in the marketplace.

Product Scope

ICE Biotechnology GTR Index Futures and ICE Semiconductor GTR Index Futures

Eligible Participants 

IFUS may designate any number of participants in the Program, who may be Exchange members or 

non-members. To be considered for selection into the Program, potential participants must have 

demonstrated the ability to trade similar contracts on other products at the time of application. 

Program Term 

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 are required to provide the Exchange with information acceptable to the Exchange 

detailing Participants’ trading activity under the program, and the Exchange may require an 

additional third-party verification report. 

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.