Intercontinental Exchange Says It Will Launch A Clearing Service For All U.S. Treasury Securities And Repurchasing Agreements; New Treasury Clearing Service Will Leverage Ice's Existing Clearing House, ICE Clear Credit
Portfolio Pulse from Benzinga Newsdesk
Intercontinental Exchange (ICE) announced it will launch a clearing service for all U.S. Treasury securities and repurchasing agreements.
June 24, 2024 | 2:10 pm
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Intercontinental Exchange (ICE) announced the launch of a clearing service for U.S. Treasury securities and repurchasing agreements, potentially enhancing its market position and revenue streams.
The launch of a clearing service for U.S. Treasury securities and repurchasing agreements by ICE is likely to enhance its market position and create new revenue streams. This development is significant for investors as it could lead to increased trading volumes and higher transaction fees for ICE.
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