ICE eyes year-end launch for Treasury clearing service
Third entrant expects Q2 comment period for new access models that address ‘done-away’ accounting hurdle
ICE Clear Credit’s US Treasury clearing service should be live by the end of this year, say senior executives, despite a regulatory extension that has pushed the mandate out by 12 months to the end of 2026.
A draft rule book for the service, including new access models, is expected to be published for comment before the end of June, subject to approval by the Securities and Exchange Commission and Commodity Futures Trading Commission.
“We are working with regulators to address questions,” says
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