Sunday, April 14, 2013

IntercontinentalExchange Adds 35 New Contracts To Exchange While Clearing Division Gains Regulatory Approval for Portfolio Margining

The Commodity Futures Trading Commission (CFTC) has issued an order granting a request made by ICE Clear Europe Limited (ICEU), North American IntercontinentalExchange’s London-based clearing division, pursuant to Section 4d(f) of the Commodity Exchange Act.

The order sets forth terms and conditions under which ICEU and its clearing members that are dually registered as futures commission merchants and broker-dealers may hold credit default swaps (CDS) and security-based CDS in a cleared … [visit site to read more]


Read More... [Source: Forex Magnates - Posted by FreeAutoBlogger]

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