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Mizuho Americas Joins ICE Clear Credit as Clearing Member

1. Mizuho Americas has joined ICE Clear Credit as a clearing member. 2. This expansion may enhance ICE's market position in credit default swaps.

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FAQ

Why Bullish?

This collaboration increases ICE's client base, similar to past partnerships that boosted revenues.

How important is it?

The addition of a major player like Mizuho enhances ICE's reputation and operational capacity.

Why Long Term?

The affiliation with Mizuho could lead to sustained growth in trading volumes over years.

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ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Mizuho Americas through its security-based swap dealer Mizuho Capital Markets LLC, part of Mizuho Financial Group (NYSE: MFG), has become a clearing member at ICE Clear Credit, the leading global clearinghouse for credit default swaps. “Mizuho Americas is excited to join ICE Clear Credit to enhance our product offering and approach to capital a.

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