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ICE & ICAP announce successful completion of first-ever agricultural cleared swap transaction

Posted on 18 February 2009

From Commodities-now.com: IntercontinentalExchange, Inc., a leading operator of global futures and over-the-counter (OTC) marketplaces and clearing houses, and ICAP, the world’s premier interdealer broker, announced the successful execution through ICE Clear U.S. of the first agricultural cleared swap transaction in the history of U.S. exchanges.

The OTC sugar swap transaction was submitted to the clearinghouse by ICAP, on behalf of Infinium Capital Management and Credit Suisse….. Full Article: Source


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