Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that the European Securities and Markets Authority (ESMA) approved ICE Trade Vault Europe Limited (ICE Trade Vault Europe) to extend its Trade Repository registration for the reporting of foreign-exchange (FX) derivatives trade data.
The approval meets requirements of the European Market Infrastructure Regulation (EMIR). ICE Trade Vault Europe will assume the collection of FX derivatives data, which includes futures, options and forwards, with immediate effect.
ICE Trade Vault Europe has offered a trade repository solution across commodities, credit, interest rate and equity derivatives since its successful launch on February 12, 2014. The addition of FX derivatives, in response to customer demand, expands its offering to the full complement of asset classes reportable under EMIR.
David Peniket, Executive Director of ICE Trade Vault Europe, said: “ICE Trade Vault Europe provides customers with a scalable trade repository solution which is now expanded following the approval by ESMA to collect FX derivatives data. We will continue to respond to our customers’ needs by offering an efficient trade repository service that supports their global regulatory and compliance needs."
ICE Trade Vault Europe builds upon ICE's widely recognized trading and clearing technology as well as the confirmation and affirmation matching services, ICE eConfirm and ICE Link. ICE Trade Vault Europe was approved by ESMA as a trade repository in 2013 and has processed over 1 billion over-the-counter (OTC) and exchange-traded derivatives (ETD) reports.