Intercontinental Exchange To Launch Clearing Service For U.S. Treasury Securities And Repurchasing Agreements; Follows SEC Mandate To Enhance Market Resilience
Portfolio Pulse from Benzinga Newsdesk
Intercontinental Exchange (ICE) is set to launch a new clearing service for U.S. Treasury securities and repurchasing agreements, following a mandate from the SEC aimed at enhancing market resilience.
June 24, 2024 | 12:32 pm
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Intercontinental Exchange (ICE) is introducing a new clearing service for U.S. Treasury securities and repurchasing agreements, in compliance with an SEC mandate to improve market resilience.
The launch of a new clearing service by ICE is a significant development, driven by an SEC mandate. This move is likely to enhance market resilience, which could positively impact ICE's stock price in the short term.
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