IntercontinentalExchange, Inc.(ICE) on Friday issued a correction to an inaccurate Bloomberg story stating that a two-month delay was in place for the delivery of its buy-side solution.
The story reports the date of December 15 as the rollout date for ICE's credit default swaps customer solution for clearing. However, December 15 is the deadline by which the dealer community has committed to provide a customer solution for credit default swaps clearing.
ICE reiterates that its buy-side solution will be operationally ready this month, and will begin to deliver clearing in November, subject to final regulatory approvals.
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