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Sprecher says ICE will expand positioning in crypto, prediction markets

Jeff Sprecher, CEO of ICE: “We have two new [chairmen at] the SEC and CFTC that are working to try to pull the entrepreneurship in the wild west into the financial system.”

wild west

Intercontinental Exchange CEO Jeff Sprecher continues to see the value in monitoring the markets that others may be turning their backs on. It’s a playbook he’s been leaning on since the 2000s.

It started with energy swaps. “We thought we could standardize those, bring them into a regulatory environment, and make them more transparent,” Sprecher said while speaking on a panel yesterday at the Futures Industry Association’s annual conference in Boca Raton, Florida. The Commodity Futures

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Pressure mounts on Asia to fall in line for T+1

With the US already on a T+1 settlement cycle, and the UK and EU preparing for the shift in 2027, there’s pressure for Asia to follow suit. But moving may involve more risks than expected.

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