Market regulation · 29/06/2023

CFTC Approves ICE Clear Credit LLC's Proposed Rule Change on ICC Clearing Participant Default Management Procedures

The Commodity Futures Trading Commission (CFTC) has approved a proposed rule change by ICE Clear Credit LLC, which relates to the management procedures for clearing participant defaults in the Intercontinental Exchange (ICE) Clearing Corporation (ICC). The new procedures aim to enhance the stability and resilience of the clearing system.