ICE Chief Blasts Regs That Favor Rival

02 Mar 2011

Jeffrey Sprecher, ceo of Intercontinetnal Exchange, has criticized regulations that give rival CME Group better tax treatment for swaps trading.

Jeffrey Sprecher, ceo of Intercontinetnal Exchange, has criticized regulations that give rival CME Group better tax treatment for swaps trading. Speaking at a conference, Sprecher was referring to regulations that allow CME’s ClearPort to clear swaps as futures contracts for a tax benefit. ICE clears energy swaps but ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial