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Intercontinentalexchange Inc's ICE Clear Europe Limited And LIFFE Administration and Management Enters Into Clearing Services Agreement

Thursday, 20 Dec 2012 08:36am EST 

Intercontinentalexchange Inc announced that, their wholly owned subsidiaries, ICE Clear Europe Limited and LIFFE Administration and Management have entered into a clearing services agreement pursuant to which ICE Clear Europe will provide clearing services to the London market of NYSE Liffe. The clearing services agreement will allow NYSE Liffe to transition seamlessly from their current clearing arrangements. ICE successfully transitioned over 40 clearing members, 26.5 million contracts and over USD16 billion worth of assets during the transition from LCH.Clearnet Ltd. to ICE Clear Europe in 2008.