ICUS: Delay to Platform Release
ICE Clear U.S. ("ICUS") announced that the CFTC has granted an extension to the effective date of the Gross Customer Margin ("GCM") requirements scheduled to go into effect on November 8, 2012. The CFTC is requiring full compliance no later than January 15, 2013.
As a result of this extension, the ICE Clear U.S. Platform Release scheduled for November 3, 2012 also will be delayed.
Click here to view notice in full (links externally to ICE website).