ICE/TCC Tie-Up Advances CDS Clearing Solution

30 Oct 2008

The IntercontinentalExchange’s decision to acquire The Clearing Corp. should pave the way for a speedier launch of a clearing house for credit default swaps.

--Katy Burne

The IntercontinentalExchange’s decision to acquire The Clearing Corp. should pave the way for a speedier launch of a clearing house for credit default swaps. “The acquisition will allow us to have speed-to-market of a clearing solution that is independent and neutral,” said Kelly Loeffler, a spokeswoman for ...

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