ICE Clear Canada Receives Third-Country Central Counterparty Recognition Under EMIR
ATLANTA & NEW YORK--(BUSINESS WIRE)--
Intercontinental Exchange (NYSE:ICE), a leading operator of global
exchanges and clearing houses and provider of data and listings
services, announced today that ICE Clear Canada has been recognized as a
third-country central counterparty (CCP) in accordance with the European
Market Infrastructure Regulation (EMIR).
“With a significant amount of business on our Canadian markets
originating in Europe, we’re pleased to receive EMIR recognition by the
European Securities and Markets Authority (ESMA), allowing ICE Clear
Canada to provide clearing services to European firms,” said Brad
Vannan, ICE Futures Canada and ICE Clear Canada President and COO. “This
provides an additional assurance to our European customers and enhances
their confidence in our Canadian agricultural market, which includes our
global benchmark canola
contract.”
Regulated by the Manitoba Securities Commissions pursuant to the
provisions of the Commodity Futures Act, ICE Clear Canada has been added
to ESMA’s list of recognized third-country CCPs under EMIR following the
European Commission’s assessment of Canada as an equivalent third
country regime.
About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) operates the leading network of
global futures and equity exchanges and provides world class clearing,
data and listing services across many markets. 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,
Interactive Data and Trayport. 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, 2015, as filed with the SEC on February 4, 2016.
SOURCE: Intercontinental Exchange
ICE-CORP

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Intercontinental Exchange
Media Contact:
Damon Leavell
+1
212 323 8587
Damon.Leavell@theice.com
Source: Intercontinental Exchange