ICE Clear Europe, a wholly owned subsidiary of IntercontinentalExchange (ICE), said on Monday that it has reached consensus with LCH.Clearnet on the technical issues to facilitate the movement of all ICE Futures Europe and ICE over-the-counter trading positions from LCH to ICE Clear Europe.
ICE expects the transition of clearing to ICE Clear Europe to occur during the month of August, with a specific transition date to be finalized in the coming days following consultation with clearing members.
The company said that the existing futures and OTC clearing arrangements between ICE and LCH would remain in effect until the transaction is complete.
ICE Clear Europe said that it has received membership applications from 47 clearing firms, and member documentation to facilitate the transfer of 100% of the open positions established at ICE Futures Europe and ICE OTC from LCH to ICE Clear Europe.
Shares of ICE are currently trading at $102.80, down $3.20 or 3.02%.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.