Buy side access achieved

摘要

After months in the making, competition in credit default swaps (CDS) clearing started officially when CME Group launched its CDS initiative and began clearing trades on Dec. 15. Intercontinental Exchange (ICE), through its ICE Trust clearing solution, successfully achieved buy-side access to CDS clearing on Dec. 15. ICE Trust had cleared more than $4 trillion in CDS at the end of 2009.