ICE Issues Statement Correcting Erroneous Press Reports Regarding ICE Clear U.S.
Date 10/10/2008
ICE Clear U.S. issued the following statement correcting erroneous press reports: ICE Clear U.S. cleared all trades executed Thursday, October 9 as usual. Press reports to the contrary are erroneous. The margin pay and collect process occurred at the normal time and completed without incident. A system delay caused the distribution of trades to ICE Clear U.S. clearing firms to take several hours longer than usual. The delay has been resolved.