Asset Classes

Credit Derivatives

ICE’s OTC markets have played an important role in increasing transparency, liquidity and access to previously opaque and illiquid markets. ICE leveraged its OTC market history with its credit expertise to become a leader in trade processing and risk management for the global credit default swaps (CDS) market. In March 2009, ICE launched the world’s first dedicated CDS clearing house, ICE Clear Credit. In July 2009, ICE Clear Europe introduced clearing for European CDS.

ICE Credit Derivative Groups

CDS Clearing

Credit Execution

Eris Credit Futures

ICE’s cash-settled futures contracts, based on the Eris product design, replicate the economics of credit default swaps and will trade at ICE Futures U.S. and clear at ICE Clear U.S.

Learn More About Eris Credit Futures

View ICE CDS Products