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Stock impact report

ICE Benchmark Administration Receives Recognition Under the EU Benchmarks Regulation

Intercontinental Exchange Inc. (ICE) 
Last intercontinental exchange inc. earnings: 4/30 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.theice.com
Company Research Source: Business Wire
LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that the European Securities and Markets Authority (ESMA) has granted recognition to ICE Benchmark Administration Limited (IBA) as a third-country benchmark administrator under Article 32 of the EU Benchmarks Regulation (EU BMR).ESMA’s recognition decision means that IBA’s ‘significant’ EU benchmarks – the ICE Swap Rate® and the LBMA Gold Price – remain available for use by ‘supervised entities’ in the European Union under the EU BMR.“IBA is pleased to have been granted recognition by ESMA,” said Clive de Ruig, President of ICE Benchmark Administration. “This decision ensures IBA’s EU-based clients can continue to use the ICE Swap Rate® and the LBMA Gold Price without disruption and demonstrates our ability to apply robust governance and best-in-class technology to give market participants confidence in the information they depend upon.”In addition Show less Read more
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