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Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that the European Securities and Markets Authority (ESMA) has granted recognition to ICE Benchmark Administration Limited (IBA) as a third-country benchmark administrator under Article 32 of the EU Benchmarks Regulation (EU BMR).
ESMA's recognition decision means that IBA's ‘significant' EU benchmarks the ICE Swap Rate® and the LBMA Gold Price remain available for use by ‘supervised entities' in the European Union under the EU BMR.
"IBA is pleased to have been granted recognition by ESMA," said Clive de Ruig, President of ICE Benchmark Administration. "This decision ensures IBA's EU-based clients can continue to use the ICE Swap Rate® and the LBMA Gold Price without disruption and demonstrates our ability to apply robust governance and best-in-class technology to give market participants confidence in the information they depend upon."
In addition to being recognised by ESMA, ICE Benchmark Administration is authorised and regulated by the U.K. Financial Conduct Authority for the regulated activity of administering a benchmark. ICE Benchmark Administration administers a number of other benchmarks pursuant to this authorisation, including the LBMA Silver Price, the ICE Term Reference Rates, and the ICE RFR Indexes. These benchmarks are not currently in scope of the EU BMR and, accordingly, are not currently subject to any EU-usage restrictions.
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE's futures, equity, and options exchanges – including the New York Stock Exchange – and clearing houses help people invest, raise capital and manage risk. We offer some of the world's largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology , we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines and automates industries to connect our customers to opportunity.
ICE Benchmark Administration, a subsidiary of ICE, was founded to provide benchmark and other administrative services that bring certainty and predictability to the operation of global financial and commodity markets. IBA reserves all rights in its benchmark methodologies and settings. ICE Swap Rate and ICE Benchmark Administration are registered trademarks of IBA and/or its affiliates.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading "Key Information Documents (KIDS)."
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.
Category: EXCHANGES
View source version on businesswire.com: https://www.businesswire.com/news/home/20260210766140/en/
ICE Media Contact:
Jess Tatham
jess.tatham@ice.com
+44 7377 947136
media@ice.com
ICE Investor Contact:
Steve Eagerton
steve.eagerton@ice.com
+1 904 571 0530
investors@ice.com
