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International Petroleum Exchange

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International Petroleum Exchange (IPE)
Energy futures and options exchange based in London.


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Going outside the insurance market, Lloyd's has named Richard Ward, former chief executive of the International Petroleum Exchange in London, as its new chief executive officer.
On London's International Petroleum Exchange, November Brent crude futures lost 79 cents to settle at $59.
LONDON -- Richard Ward, formerly Chief Executive Officer of the International Petroleum Exchange (IPE), will assume the new role of Vice Chairman of the Exchange for the next six months, after which he will become a consultant to the Exchange, following the transition to electronic trading that was completed this year.
 
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