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ICE Singapore launch set for year-end

Fourth-quarter start on the cards for US group's delayed exchange and clearing house in Singapore

ICE Singapore launch set for year-end

The Intercontinental Exchange Group is planning to launch its delayed futures exchange and clearing house in Singapore in the fourth quarter of 2015, its chief executive told analysts on an earnings call.

The Atlanta-headquartered exchange operator, which also owns the New York Stock Exchange, had initially planned to launch the two facilities in the southeast Asian city-state in March this year, following its acquisition of the Singapore Mercantile Exchange and its clearing arm in November 2013.

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