Intercontinental Exchange Announces Approval of ICE Trade Vault by Ontario Securities Commission
ICE SDR Service Extends to Canada
ATLANTA--(BUSINESS WIRE)--
Intercontinental Exchange (NYSE: ICE), the leading global network of
exchanges and clearing houses, announced today that the Ontario
Securities Commission (OSC) approved ICE Trade Vault as a Canadian Trade
Repository to serve the commodity, credit and foreign exchange asset
classes. ICE Trade Vault will seek trade repository registration in
Alberta once the provincial rules are finalized.
“We are pleased with OSC’s approval following a thorough application and
review process,” said Bruce Tupper, President of ICE Trade Vault. “ICE
is committed to meeting its customers’ global reporting obligations, and
this approval extends our service to help them address their regulatory
requirements.”
In June 2012, ICE Trade Vault became the first Swap Data Repository in
the U.S. to receive provisional regulatory approval from the Commodity
Futures Trading Commission. ICE Trade Vault began accepting credit
default swaps trade data in October 2012 and commodities trade data in
February 2013. In November 2013, the European Securities and Markets
Authority approved ICE Trade Vault Europe as a trade repository for the
reporting of swaps and futures trade data to meet requirements of the
European Market Infrastructure Regulation.
ICE’s proven repository technology for market participants to submit
data and will connect to a range of institutions, including clearing
houses, Swap Execution Facilities and Designated Contract Markets.
Adopting ICE’s repository technology will ensure minimum disruption for
participants who can continue to use their existing connectivity to
report derivatives data in real-time. New Canadian reporting
requirements are scheduled to take effect Oct. 31, 2014.
About Intercontinental Exchange
Intercontinental Exchange (NYSE: ICE) is the leading network of
regulated exchanges and clearing houses for financial and commodity
markets. ICE delivers transparent, reliable and accessible data,
technology and risk management services to markets around the world
through its portfolio of exchanges, including the New York Stock
Exchange, ICE Futures and Liffe.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE, New York Stock Exchange and
LIFFE. Information regarding additional trademarks and intellectual
property rights of Intercontinental Exchange, Inc. and/or its affiliates
is located at www.intercontinentalexchange.com/terms-of-use.
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, 2013, as filed with the SEC on February 14, 2014.
SOURCE: Intercontinental Exchange
ICE-CORP

Intercontinental Exchange
Media Contact:
Brookly
McLaughlin
+1 312 836 6728
brookly.mclaughlin@theice.com
or
Investor
Contact:
Kelly Loeffler
+1 770 857 4726
kelly.loeffler@theice.com
Source: Intercontinental Exchange