IntercontinentalExchange (NYSE:ICE) , an operator of global regulated exchanges and over-the- counter (OTC) markets, confirmed that Lehman Brothers continues to meet all obligations at its U.S. futures clearinghouse.
ICE Clear U.S. has conducted an analysis of Lehman's financial position as a clearing member of ICE Clear U.S.(TM), and has concluded that it continues to meet all obligations. ICE and Creditex also said that receivables relating to Lehman are immaterial.
Monday, 15 September 2008
IntercontinentalExchange Claims No Lehman Exposure
Labels:
Creditex,
exchanges,
ICE,
ICE Clear US,
IntercontinentalExchange,
Lehman Brothers,
markets,
OTC
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