Ice to clear single-name bank CDSs from April 10

US participants will be able to start clearing CDSs referencing Ice clearing members

wall-street-green-light
Green light: the service will finally allow US clearing of single-name CDSs on financials

Intercontinental Exchange (Ice) intends to launch US clearing of single-name credit default swaps (CDSs) referencing clearing member banks on April 10, Risk.net can confirm.

The Atlanta-based exchange’s Ice Clear Credit service will offer central clearing for CDS contracts written on financial institutions that are direct clearing members of the central counterparty (CCP) after originally postponing an expected roll-out in mid-March.

Fourteen additional single names – six North American and ei

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: