Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Clear Credit was recognized as a third-country central counterparty (CCP) for products regulated by the U.S. Commodity Futures Trading Commission (CFTC) in accordance with the European Market Infrastructure Regulation (EMIR). Additionally, the European Securities and Markets Authority (ESMA) gave further relief for security-based swaps, which are regulated by the Securities Exchange Commission, while they work toward an equivalence determination.
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