ICE Clear Netherlands

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ICE Clear Netherlands
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Founded 2014 (via acquistion)
Headquarters Amsterdam
Key People Joost Beckers, CEO
Products European clearing house for The Order Machine and European Derivatives

ICE Clear Netherlands, formerly the Holland Clearing House, is the Intercontinental Exchange's continental European clearing house. Based in Amsterdam, ICE Clear Netherlands is the primary clearing house for The Order Machine multi-lateral trading facility.[1] ICE also intends to launch ICE Clear Singapore in March 2015.[2]

ICE announced its strategic investment in the on December 3, 2014 with ABN Amro Clearing retaining a minority interest in the facility. ICE Clear Netherlands is the sixth of seven clearing houses operated by ICE.[3]

The clearing house is regulated in the Netherlands by the Dutch Central Bank (DNB) and the Netherlands Authority for Financial Markets (AFM), and is approved under the European Market Infrastructure Regulation (EMIR), EU No 648/2012, on December 12, 2014.


Key People

Joost Beckers, CEO

References

  1. Intercontinental Exchange to Acquire Majority Stake in Holland Clearing House. ICE.
  2. Intercontinental Exchange Completes Acquisition of Majority Stake in Holland Clearing House. ICE.
  3. Holland Clearing House Renamed ICE Clear Netherlands. Stockhouse.