IntercontinentalExchange (NYSE: ICE), a leading operator of global exchanges and over-the-counter (OTC) markets, confirmed that MF Global continues to meet all obligations at its U.S. and Canadian futures clearing houses.
In light of significant movements in the market price of MF Global's common stock, ICE has conducted an analysis of MF Global's financial position as a clearing member of both ICE Clear U.S.(TM) and ICE Clear Canada(TM), and has concluded that it continues to meet all obligations.
ICE's technology facilitates credit checks and trade matching in an industry-leading three milliseconds, guaranteeing efficient and reliable trade processing and unique real-time risk management capabilities within the derivatives marketplace.
MF Global accounts transacting at ICE Futures Europe and ICE OTC currently remain under the purview of a third-party clearing house.