ICE Data Indices Recognized as Third Country Benchmark Administrator by the UK’s Financial Conduct Authority
June 17, 2019
ATLANTA & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Data Indices, LLC has been recognized as a third country benchmark administrator under Article 32 of the European Union’s Benchmarks Regulation (BMR). Recognition was granted by the UK’s Financial Conduct Authority (FCA) on May 24, 2019.
“We are strong proponents of a robust governance framework for financial benchmarks,” said Phil Galdi, Head of Indices at ICE Data Services. “We are proud to have been recognized as a third country benchmark administrator by the FCA, and are committed to achieving the highest standards for the indices that we administer.”
ICE Data Indices, LLC and its approved Benchmarks are included in the European Securities and Markets Authority (ESMA) register. Information on ICE Data Indices’ Regulatory and Compliance Framework is available on the Regulation page of its website.
ICE Data Indices’ multi-asset class index solution supports all aspects of the benchmarking and performance measurement process. Dedicated to innovation and flexibility, ICE Data Indices offers a wide range of Benchmarks and customized solutions to address the demands of a changing landscape.
For more information on ICE Data Indices, please visit www.theice.com/market-data/indices.
About Intercontinental Exchange
Intercontinental Exchange (NYSE: ICE) is a Fortune 500 company formed in the year 2000 to modernize markets. ICE serves customers by operating the exchanges, clearing houses and information services they rely upon to invest, trade and manage risk across global financial and commodity markets. A leader in market data, ICE Data Services serves the information and connectivity needs across virtually all asset classes. As the parent company of the New York Stock Exchange, the company is the premier venue for raising capital in the world, driving economic growth and transforming markets.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at http://www.intercontinentalexchange.com/terms-of-use. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2018, as filed with the SEC on February 7, 2019.