ICE Clear Credit expands its European participation with addition of Intesa Sanpaolo

Intercontinental Exchange (NYSE:ICE) notifies that Italy’s leading banking group, Intesa Sanpaolo S.p.A. has become a clearing participant at ICE Clear Credit, the leading global clearinghouse for credit default swaps.

ICE Clear Credit provides a comprehensive product offering, robust mark-to-market services and state-of-the-art risk management approach.

As a clearing participant, Intesa Sanpaolo will have access to industry-leading solutions for clearing Single Name and Index CDS instruments, as well CDS Index Option instruments referencing the major North American and European corporate indices.