LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
Intercontinental Exchange Inc (NYSE:ICE) today announced that Holland Clearing House will be renamed ICE Clear Netherlands, effective July 27, 2015. ICE acquired a majority stake in Holland Clearing House in December 2014, with ABN AMRO Clearing Bank holding a minority stake.
ICE Clear Netherlands is focused on providing a reliable service against transparent and predictable pricing, using robust risk management systems. The Dutch clearing house provides central counterparty clearing (CCP) services for a range of equity and index derivatives contracts listed on TOM (The Order Machine), a Multilateral Trading Facility (MTF) based in the Netherlands.
ICE operates seven clearing houses across North America, Europe and Asia to meet the requirements of market participants in their local jurisdictions, while providing leading risk management services across multiple asset classes.
Regulated in the Netherlands by the Dutch Central Bank (DNB) and the Netherlands Authority for Financial Markets (AFM), ICE Clear Netherlands received authorization under the European Market Infrastructure Regulation (EMIR), EU No 648/2012, on December 12, 2014.
For the official announcement from ICE, click here.