Sign up for free newsletter



IntercontinentalExchange and NYSE Euronext enter clearing services agreement

ICE Clear Europe and Liffe Administration and Management have entered into a clearing services agreement by which ICE Clear Europe will provide clearing services to the London market of NYSE Liffe.

The clearing services agreement will allow NYSE Liffe to transition from its current clearing arrangements.

"We are pleased to extend our innovative and proven clearing services through this agreement with NYSE Liffe. We will draw upon our experience as we work with NYSE Liffe to provide the regulated risk-management tools that NYSE Liffe's customers rely on to compete effectively in an evolving regulatory and economic environment," says Paul Swann, president and managing director, ICE Clear Europe.

"This agreement will enable us to deliver top quality clearing services through a proven futures and OTC clearing house that can securely and efficiently serve our customers, while creating new clearing opportunities," say Finbarr Hutcheson, co-chief executive of NYSE Liffe.

ICE successfully transitioned over 40 clearing members, 26.5 million contracts and over USD16bn worth of assets during the transition from LCH.Clearnet to ICE Clear Europe in 2008.

ICE Clear Europe is the clearing house for ICE's energy and European credit default swaps (CDS) markets.

The Hedgeweek Awards 2013 for the best hedge fund performers and service providers will be held in London towards the end of Q1 2013. Please click here to nominate your product/firm.

Subscribe to free daily newsletter
Data Scientist - PhD

Tue, 06 Oct 2015 00:00:00 GMT

Ph. D / Quantitative Researcher - NYC

Tue, 06 Oct 2015 00:00:00 GMT

Algo Systems Engineer

Tue, 06 Oct 2015 00:00:00 GMT

1 week 5 days from now - Cairo
1 week 5 days from now - Hong Kong
1 week 5 days from now - New York