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ICE Trade Vault Europe Approved by ESMA as Trade Repository for FX Derivatives

Jun 04, 2015

LONDON--(BUSINESS WIRE)-- Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that the European Securities and Markets Authority (ESMA) approved ICE Trade Vault Europe Limited (ICE Trade Vault Europe) to extend its Trade Repository registration for the reporting of foreign-exchange (FX) derivatives trade data. The approval meets requirements of the European Market Infrastructure Regulation (EMIR). ICE Trade Vault Europe will assume the collection of FX derivatives data, which includes futures, options and forwards, with immediate effect.

ICE Trade Vault Europe has offered a trade repository solution across commodities, credit, interest rate and equity derivatives since its successful launch on February 12, 2014. The addition of FX derivatives, in response to customer demand, expands its offering to the full complement of asset classes reportable under EMIR.

David Peniket, Executive Director of ICE Trade Vault Europe, said: “ICE Trade Vault Europe provides customers with a scalable trade repository solution which is now expanded following the approval by ESMA to collect FX derivatives data. We will continue to respond to our customers’ needs by offering an efficient trade repository service that supports their global regulatory and compliance needs."

ICE Trade Vault Europe builds upon ICE's widely recognized trading and clearing technology as well as the confirmation and affirmation matching services, ICE eConfirm and ICE Link. ICE Trade Vault Europe was approved by ESMA as a trade repository in 2013 and has processed over 1 billion over-the-counter (OTC) and exchange-traded derivatives (ETD) reports.

About Intercontinental Exchange

Intercontinental Exchange (NYSE:ICE) operates the leading network of regulated exchanges and clearing houses. ICE’s futures exchanges and clearing houses serve global commodity and financial markets, providing risk management and capital efficiency. The New York Stock Exchange is the world leader in capital raising and equities trading.

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 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, 2014, as filed with the SEC on February 5, 2015.

SOURCE: Intercontinental Exchange

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Claire Miller
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Source: Intercontinental Exchange

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