Each LIBOR® calculation is currently based on input data contributed by a panel of between 11 and 16 Contributor Banks for each of the five LIBOR® currencies. ICE marketplaces also play a key role in … He advised that the FCA will consult on what the action may be taken and what the limitations of any solution may be for the ‘tough legacy’, but cautioned that: Also in July 2020, Edwin Schooling Latter, Director Markets and Wholesale Policy at the FCA, delivered a speech entitled 'The Latest in LIBOR Transition, The Path Forward'. Its cash exchanges include the New York Stock Exchange (NYSE), NYSE ARCA, NYSE National, NYSE AMEX Options, NYSE ARCA Options, and NYSE Chicago. The world's leading markets for equities, options, ETFs and listings. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. In the year 2019, the company experienced $354 billion in new market capitalizations, all-total, across its exchange listings. Source: FactSet. ICE Clear Credit also served as the U.S. Federal Reserve's over-the-counter (OTC) derivatives clearing house, providing crucial risk management services for the market. Reviewing the methodology, scope and definition of the benchmark (including assessing its underlying market and usage); Overseeing any changes to the benchmark; and. Through various acquisitions, the company's activities broadened to include other commodities–such as sugar, cotton, and coffee–in addition to foreign cash exchanges and equity index futures. © Copyright 2020 Intercontinental Exchange, Inc. Infrastructure + data across global financial & commodity markets, Energy, agriculture, interest rates, credit, currencies, equity derivatives, metals, & environmental, 12 global exchanges and 7 clearing houses, Price discovery, repository & confirmation, and alerts, Education, subscriptions, trading hours, fees and calendars, Pricing, analytics & exchange information, Stability and risk management across global markets, Multi-asset clearing across global exchanges, Strategically designed clearing network access, Counterparty risk management and post-trade services in the agriculture futures market, Services for interest rate, equity index, ag and global energy derivatives, Capital-efficient clearing services for European equity derivatives products, Counterparty risk management + post-trade services for Asian derivatives, Supporting ag, FX, metals and equity derivative clearing, Clearing for North American natural gas and electricity markets, Vital market information and connectivity for participants around the world, Influence your intraday, real-time decision making, Benchmark & bespoke indices on a common platform, Leverage proprietary data from ICE & NYSE, Manage risk, maintain compliance & efficiency, Secure, low-latency access to global markets, Events, webinars, partners and business agreements, Identify opportunities, make informed decisions, execute quickly, Manage risk, measure effectiveness, achieve compliance, Technology and integration tools for efficient data management, ↳ Errors prior to the waterfall methodology, ICE Benchmark Administration’s (IBA) benchmark and other information notice and disclaimer here, Oversight Committee Meeting 15 January 2020, Oversight Committee Meeting 13 March 2020, Oversight Committee Meeting 16 March 2020, Oversight Committee Meeting 20 March 2020, Code of Conduct: Consultation Notice (12 April 2018), Code of Conduct: Consultation Notice (29 June 2016), Code of Conduct: Contributing Banks (29 June 2016), Oversight Committee Composition and Disclosures of Conflicts of Interest, Statement of Compliance with the EU Benchmarks Regulation, ICE LIBOR® Evolution Report (25 April 2018), Feedback Statement on Additional Consultation (3 March 2017), Summary of ICE LIBOR® Evolution (24 January 2017), ICE LIBOR® Evolution: Additional Consultation (24 January 2017), ICE LIBOR® Feedback Statement on Error Policy Consultation (May 2016), ICE LIBOR® Error Policy Consultation (September 2014), Usage of ICE LIBOR® Questionnaire (April 2016), Feedback Statement on the Evolution of ICE LIBOR® (14 December 2015), ICE LIBOR® Second Position Paper (31 July 2015), ICE LIBOR® Second Position Paper Questions (31 July 2015), Feedback Statement on the Evolution of ICE LIBOR® (1 May 2015), Position Paper on the Evolution of ICE LIBOR® (20 October 2014), Crédit Agricole Corporate & Investment Bank, JPMorgan Chase Bank, N.A. ICE operates futures exchanges in the U.S., Europe, and Singapore. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Intercontinental Exchange (NYSE: ICE) is one of the leading global operators of financial exchanges. Contracts traded at IFAD will be cleared at ICE Clear Europe, a leading energy clearing house, and will clear alongside the most significant global oil benchmarks - ICE Brent, ICE WTI, ICE (Platts) Dubai and ICE Low Sulphur Gasoil - allowing customers to benefit from associated margin offsets and delivering meaningful capital efficiencies. The proprietary real-time data, valuations, analytics, reference data, evaluated pricing, and connectivity solutions employed by ICE Data Services is used by NYSE, SuperDerivatives, Interactive Data (IDC), and other ICE customers, including financial institutions, asset managers, and individual investors. U.S. Dollar Public Holidays (Affects US Dollar Overnight tenor only). The company owns exchanges for financial and commodity markets, and operates 12 regulated exchanges and marketplaces. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. The energy to move ICE forward. Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Given the challenges in creating a robust dynamic credit spread, the market would need to be prepared for a fixed proxy credit spread adjustment based on historical averages. In May 2000, ICE was founded by Jeffrey C. Sprecher, a power plant developer who wanted to create a more transparent and efficient platform for over-the-counter (OTC) energy commodity trading. The London International Financial Futures and Options Exchange (LIFFE) is a futures and options exchange in London, England. This rule concerns only the Euro and US Dollar, since Yen and Swiss Franc do not have an Overnight tenor. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. There is no LIBOR publication in any currency or tenor if the date is a public holiday in London. ICE Clear Singapore Counterparty risk management + post-trade services for Asian derivatives Supporting ag, FX, metals, equity derivative and digital assets clearing The offers that appear in this table are from partnerships from which Investopedia receives compensation. Copyright 2019© FactSet Research Systems Inc. All rights reserved. ICE LIBOR® (also known as LIBOR®) is a widely-used benchmark for short-term interest rates. Please also read the sections below on the Future of LIBOR and Information about the UK Government Statement Regarding LIBOR Transition and Intended Legislation. ICE is the third-largest exchange group in the world, behind Hong Kong Exchanges and Clearing Limited (HKEX) and the CME Group Inc., which owns the Chicago Board of Trade and the New York Mercantile Exchange.