Intercontinental Exchange Inc. · NYSE:ICE

Intercontinental Exchange — Technical Presentation (June 2025)

14 slides from Intercontinental Exchange's technical presentation, Jun 25, 2025

  1. Slide 1: ICE Clearing Analytics

    ICE Clearing Analytics Supporting ICE Clear Europe’s transition to IRM 2 25 June 2025

  2. Slide 2: ICE Risk Model 2

    ICE Risk Model 2 2

  3. Slide 3: IRM 2 overview

    IRM 2 overview ICE’s new margin methodology that provides offsets at a portfolio level, which implicitly captures hedging and diversification benefits 3

  4. Slide 4: IRM2 model methodology

    IRM2 model methodology IRM 2 is the new portfolio-based margin model which consists of market risk and liquidity risk components Market Risk Liquidity Risk (Filtered Historical Simulation) Total Portfolio Market Risk Liquidity Risk Charge Margin Rules | Methodologies | Validation 4

  5. Slide 5: IRM 2 implementation

    IRM 2 implementation ▪ Energy will be the first asset class transitioned to IRM 2 at ICE Clear Europe in a phased approach Liquified Natural Biofuels Coal Gas ▪ This applies to all products listed under Exchange MIC codes IFAD, IFED, IFEU and NDEX Crude Oil and Natural Gas ▪ Freight will be the firs

  6. Slide 6: ICE Clearing Analytics

    ICE Clearing Analytics 6

  7. Slide 7: ICE Clearing Analytics – web-UI

    ICE Clearing Analytics – web-UI • ICA is ICE’s new web-based platform for calculating margins • It replaces the current IRM 1 downloadable software margin tool Upload User Interface Direct portfolios trade entry ▪ Calculate IRM 2 portfolio margin ▪ Display margin components ▪ Easily creates “What-if

  8. Slide 8: ICA product coverage and environments

    ICA product coverage and environments ICA production ICA UAT IRM1 IRM2 IRM1 IRM2 Energy * ICE Clear Europe Financials and softs MSCI Index/IR Mortgage futures ICE Clear U.S. Softs/Digital assets/FX/Metals *Available from 12th September for freight only 8

  9. Slide 9: ICE Clearing Analytics - demo

    ICE Clearing Analytics - demo 9

  10. Slide 10: Registration to ICA

    Registration to ICA PRODUCTION https://ica.ice.com/ICA UAT https://ica.uat.ice.com/ICA 10

  11. Slide 11: IRM 2 additional tool sets

    IRM 2 additional tool sets 11

  12. Slide 12: ICE IRM tools and services

    ICE IRM 2 tools and services • End of day IRM 2 detailed and Margin summary report • Margin reports for the clearing High members • ICA UI is ICE’s new web-based Back-office ICA UI platform for calculating IRM 2 and IRM 1 margins​ Margin Replication Complexity • REST based API tool enabling Margin A

  13. Slide 13: Q&As

    Q&As 13

  14. Slide 14: Thank you

    Thank you 14

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