ICE Clear U.S. Recognized as Third-Country Central Counterparty Under EMIR

12/16/16

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.