ICE Trade Vault gets CFTC approval to remove foreign exchange asset class
The US Commodity Futures Trading Commission (CFTC) has approved an order for ICE Trade Vault, a provisionally registered swap data repository, to drop its foreign exchange asset class.
This approval is pursuant to section 21 of the Commodity Exchange Act and part 49 of the Commission’s regulations.
The CFTC had granted provisional registration to ICE Trade Vault as a swap data repository on 27 June 2012 to accept swap data for the interest rate, credit, foreign exchange, and other commodity asset classes.
The Commission previously granted an order to remove the interest rate asset class from the provisional registration of ICE Trade Vault on 3 December 2012.
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