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The London-based central counterparty (CCP) ICE Clear Europe and the international central securities depository (ICSD) Clearstream Banking S.A. have launched a new collateral management partnership which enables clearing members to use their assets held at Clearstream to manage their margin requirements. ICE Clear Europe offers its clearing members a triparty collateral management service by providing direct connectivity into Clearstream’s integrated collateral management engine, the Global Liquidity Hub. This link to the triparty collateral management solution of Clearstream enables ICE Clear Europe members to deposit and use securities as collateral to cover their risk exposures within a highly automated and efficient collateral environment.
The launch of this new...
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