ICE Crosses $15T In Global CDS Clearing

IntercontinentalExchange’s (ICE) credit default swap (CDS) clearing houses have crossed the $15 trillion mark in cumulative gross notional value. The clearing houses have also had 400,000 transactions during the week ending Jan. 21, 2011.

North American CDS clearing house,ICE Trust, surpassed $9 trillion in gross notional cleared during the week.ICE Clear Europehas cleared $5.1 trillion in iTraxx indices and $920 billion in single-name instruments.

Click here for the release fromPR Newswire.