NYBOT May Provide Clearing Operations To The Intercontinental Exchange

Financial News is reporting that The Intercontinental Exchange may be planning to move their clearing operations to the New York Board of Trade. They are currently handled by LCH.Clearnet. LCH.Clearnet have recently reduced their fees by 25 percent on ICE's

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Financial News is reporting that The Intercontinental Exchange may be planning to move their clearing operations to the New York Board of Trade. They are currently handled by LCH.Clearnet.

LCH.Clearnet have recently reduced their fees by 25 percent on ICE’s futures and a 30 percent on ICE’s cleared over-the-counter transactions.

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