ATLANTA & NEW YORK--(BUSINESS WIRE)--
Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Clear U.S. was recognized by the European Securities and Markets Authority (ESMA) as a third-country central counterparty in accordance with the European Markets Infrastructure Regulation (EMIR).
“We’re pleased to receive this recognition from ESMA as a third-country central counterparty,” said ICE Clear U.S.’s President Thomas Hammond. “Because ICE Clear U.S. serves commodities and financial markets across North America, Europe and Asia, it is a key part of our global clearing infrastructure. This recognition offers assurance for our European customers managing risk in the markets we serve.”
ICE Clear U.S. provides secure, capital-efficient counterparty risk management and post-trade services, holds more than $15 billion in margin and guaranty funds, including its own contribution, and is a CFTC-registered Derivatives Clearing Organization.
About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) operates a leading network of global futures, equity and equity options exchanges, as well as global clearing and data services across financial and commodity markets. The New York Stock Exchange is the world leader in capital raising, listings and equities trading.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at www.intercontinentalexchange.com/terms-of-use.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2015, as filed with the SEC on February 4, 2016.
SOURCE: Intercontinental Exchange
ICE-CORP
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