ICE Bonds Receives Approval for Expansion in Canada
November 01 2022 - 7:30AM
Business Wire
Offers Access to Full Breadth of ICE’s
Municipal Bond Market Liquidity
Intercontinental Exchange, Inc. (NYSE: ICE), a leading global
provider of data, technology and market infrastructure, today
announced it has received approval to operate its ICE TMC fixed
income trading platform in all Canadian jurisdictions, paving the
way for full access to ICE’s leading electronic municipal bond
marketplace.
ICE TMC, which is part of ICE Bonds, provides market
participants with access to an all-to-all market for trading
municipal, corporate, agency and government bonds, as well as
Certificates of Deposit. ICE’s municipal bond offering brings
together ICE’s industry-leading Continuous Evaluated Pricing for
munis, pre-trade analytics and access to the full breadth of ICE’s
municipal bond market liquidity, which includes depth of market
from both ICE TMC and ICE BondPoint, which received approval to
operate in Canada on June 19, 2020.
“Canada has vibrant fixed income trading and investment
communities that understand our products and can benefit from
access to our fixed income liquidity,” said Peter Borstelmann,
President of ICE Bonds. “We pride ourselves on working closely with
our customers. As we expand our network to include Canadian
accounts, we look forward to providing the data, analytics and
trading tools they need to gain greater transparency into markets
and manage risk.”
With this news, ICE now offers Canadian access to its full suite
of execution protocols for fixed income markets, including
click-to-trade, portfolio trading and request for quote. ICE also
offers market-leading fixed income data, analytics and indices that
provide market-leading benchmarking, transparency and intelligence
for the whole lifecycle of a trade, from front- to middle and back
office.
For more information about ICE Bonds, please visit:
https://www.theice.com/fixed-income/ice-bonds.
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500
company that designs, builds and operates digital networks to
connect people to opportunity. We provide financial technology and
data services across major asset classes that offer our customers
access to mission-critical workflow tools that increase
transparency and operational efficiencies. We operate exchanges,
including the New York Stock Exchange, and clearing houses that
help people invest, raise capital and manage risk across multiple
asset classes. Our comprehensive fixed income data services and
execution capabilities provide information, analytics and platforms
that help our customers capitalize on opportunities and operate
more efficiently. At ICE Mortgage Technology, we are transforming
and digitizing the U.S. residential mortgage process, from consumer
engagement through loan registration. Together, we transform,
streamline and automate industries to connect our customers to
opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.
Information regarding additional trademarks and intellectual
property rights of Intercontinental Exchange, Inc. and/or its
affiliates is located here. FactSet® is a trademark of FactSet
Research Systems, Inc. Other products, services, or company names
mentioned herein are the property of, and may be the service mark
or trademark of, their respective owners. Key Information Documents
for certain products covered by the EU Packaged Retail and
Insurance-based Investment Products Regulation can be accessed on
the relevant exchange website under the heading “Key Information
Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 -- Statements in this press release regarding
ICE's business that are not historical facts are "forward-looking
statements" that involve risks and uncertainties. For a discussion
of additional risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking
statements, see ICE's Securities and Exchange Commission (SEC)
filings, including, but not limited to, the risk factors in ICE's
Annual Report on Form 10-K for the year ended December 31, 2021, as
filed with the SEC on February 3, 2022.
Trading and execution services are offered through ICE Bonds
Securities Corporation or ICE Bonds member FINRA, MSRB and SIPC.
The information found herein, has been prepared solely for
informational purposes and should not be considered investment
advice, is neither an offer to sell nor a solicitation of an offer
to buy any financial product(s), is intended for institutional
investors only and is not intended for retail customer use.
ICE Bonds is subject to certain trading restrictions, including,
among other things, that ICE Bonds is only permitted to trade
“foreign securities” with “permitted clients” resident in Canada. A
foreign security is a security issued by an issuer incorporated,
formed or created under the laws of a foreign (i.e., non-Canadian)
jurisdiction or a security issued by a government of a foreign
jurisdiction.
Category: Fixed Income and Data Services SOURCE:
Intercontinental Exchange ICE-CORP
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221101005310/en/
ICE Media Contact: Damon Leavell damon.leavell@ice.com
(212) 323-8587
media@ice.com
ICE Investor Contact: Katia Gonzalez
katia.gonzalez@ice.com (678) 981-3882
investors@ice.com
Intercontinental Exchange (NYSE:ICE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Intercontinental Exchange (NYSE:ICE)
Historical Stock Chart
From Apr 2023 to Apr 2024