On the back of a record first quarter, Intercontinental
Exchange (ICE) has said it is investing $1.2m in clearing
systems development ahead of a proposed merger with Chicago
Board of Trade (CBoT).
ICE said it is completing a $1.2m investment in the
expansion and support for its Trade Registration System, a
clearing interface relied upon by European clearing firms for
The investment will support the implementation of new IT
hardware by Atos Euronext Market Solutions, the developer of
the clearing software interface for ICE's European customers.
In addition, the exchange has begun the upgrade and expansion
of its US post trade administration system known as Post Trade
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