ICE Clear Credit to Offer Portfolio Margining Benefits
IntercontinentalExchange announced today that ICE Clear Credit now offers portfolio margining benefits for clearing participants' proprietary positions. The move is intended to allow for more efficient collateralization of opposite positions in index and correlated single-name credit default swap (CDS) instruments.
ICE Clear Credit received approval for clearing participant portfolio margining from the Securities and Exchange Commission (SEC) and self-certified with the Commodity Futures Trading
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