ICE Clear Credit Adds Royal Bank of Canada as a Clearing Member
2024年5月9日 - 10:21PM
ビジネスワイヤ(英語)
Intercontinental Exchange, Inc. (NYSE: ICE), a leading global
provider of technology and data, today announced that Royal Bank of
Canada (RBC), Canada’s largest bank by capitalization and
designated as one of the global systemically important banks, has
become a clearing member at ICE Clear Credit LLC, the leading
global clearinghouse for credit default swaps.
ICE Clear Credit provides a comprehensive product offering,
robust mark-to-market services and state-of-the-art risk management
approach. As a clearing member, RBC will have access to
industry-leading solutions for clearing Single Name and Index CDS
instruments, as well as CDS Index Option instruments referencing
the major North American and European corporate indices.
“Our ability to access central clearing for the full range of
our actively traded CDS products enables RBC to achieve significant
capital and operational efficiencies across our CDS portfolios,”
said Santosh Sateesh, MD, Global Head of Credit Derivatives Trading
at RBC.
“RBC is one of the largest banks in North America and globally,
and we’re very pleased to have them join ICE Clear Credit as a
clearing member,” said Stan Ivanov, President of ICE Clear Credit.
“The addition of RBC to our world-class roster of clearing members
brings an important participant to our ecosystem and builds on the
leading liquidity we offer for global CDS markets.”
Launched in 2009, ICE Clear Credit clearing solutions offer
clearing for more than 500 Single Name and Index CDS instruments
referencing corporate and sovereign debt and have reduced
counterparty risk exposure by clearing over $330 trillion in
two-sided notional amount, with open interest of approximately
$1.75 trillion.
For more information about ICE Clear Credit, please visit:
https://www.ice.com/clear-credit.
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune
500 company that designs, builds, and operates digital networks
that connect people to opportunity. We provide financial technology
and data services across major asset classes helping our customers
access mission-critical workflow tools that increase transparency
and efficiency. ICE’s futures, equity, and options exchanges
-- including the New York Stock Exchange -- and clearing
houses help people invest, raise capital and manage risk. We
offer some of the world’s largest markets to trade and clear energy
and environmental products. Our fixed income, data services
and execution capabilities provide information, analytics and
platforms that help our customers streamline processes and
capitalize on opportunities. At ICE Mortgage Technology, we
are transforming U.S. housing finance, from initial consumer
engagement through loan production, closing, registration and the
long-term servicing relationship. Together, ICE transforms,
streamlines, and automates industries to connect our customers to
opportunity.
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 here. Key Information Documents for
certain products covered by the EU Packaged Retail and
Insurance-based Investment Products Regulation can be accessed on
the relevant exchange website under the heading “Key Information
Documents (KIDS).”
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, 2023, as
filed with the SEC on February 8, 2024.
Category: Fixed Income and Data Services
SOURCE: Intercontinental Exchange
ICE-CORP
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version on businesswire.com: https://www.businesswire.com/news/home/20240509449000/en/
ICE Media Contact: Damon Leavell damon.leavell@ice.com
(212) 323-8587
media@ice.com
ICE Investor Contact: Katia Gonzalez
katia.gonzalez@ice.com (678) 981-3882
investors@ice.com
Intercontinental Exchange (NYSE:ICE)
過去 株価チャート
から 4 2024 まで 5 2024
Intercontinental Exchange (NYSE:ICE)
過去 株価チャート
から 5 2023 まで 5 2024