ICE clearing network
E448097
The ICE clearing network is Intercontinental Exchange’s global infrastructure for central counterparty clearing of derivatives and other financial products, designed to reduce counterparty risk and enhance market stability.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| ICE global clearing network | 1 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
central counterparty clearing system
ⓘ
clearing network ⓘ financial market infrastructure ⓘ |
| abbreviationOf | Intercontinental Exchange clearing network NERFINISHED ⓘ |
| benefit |
centralized default management
ⓘ
improved transparency of cleared positions ⓘ mitigation of bilateral counterparty exposure ⓘ standardization of clearing processes ⓘ |
| clears |
commodities derivatives
ⓘ
credit derivatives ⓘ derivatives ⓘ energy derivatives ⓘ financial products eligible under ICE clearing rules ⓘ futures contracts ⓘ options on futures ⓘ swaps ⓘ |
| component |
ICE Clear Canada
NERFINISHED
ⓘ
ICE Clear Credit NERFINISHED ⓘ ICE Clear Europe NERFINISHED ⓘ ICE Clear Netherlands NERFINISHED ⓘ ICE Clear Singapore NERFINISHED ⓘ ICE Clear U.S. NERFINISHED ⓘ |
| feature |
default management procedures
ⓘ
global clearing infrastructure ⓘ margining of cleared positions ⓘ risk mutualization among clearing members ⓘ |
| function |
guarantees performance of cleared trades subject to its rules
ⓘ
interposes itself between buyers and sellers of cleared products ⓘ |
| geographicScope | global ⓘ |
| industry |
derivatives markets
ⓘ
financial services ⓘ |
| operator | Intercontinental Exchange NERFINISHED ⓘ |
| ownedBy | Intercontinental Exchange NERFINISHED ⓘ |
| purpose |
central counterparty clearing of derivatives
ⓘ
enhancement of market stability ⓘ post-trade risk management ⓘ reduction of counterparty credit risk ⓘ |
| regulatoryContext |
central clearing mandates for standardized derivatives
ⓘ
post-crisis derivatives market reforms ⓘ |
| relatedTo |
ICE exchanges
NERFINISHED
ⓘ
central counterparties ⓘ clearing members ⓘ derivatives clearing organizations ⓘ |
| riskManagementTool |
default fund
ⓘ
initial margin ⓘ variation margin ⓘ |
| usesClearingModel | central counterparty model ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
ICE global clearing network