Mizuho Americas Joins ICE Clear Credit as Clearing Member, Enhancing CDS Portfolio Management

Mizuho Americas has joined ICE Clear Credit as a clearing member, enhancing its CDS portfolio management. ICE Clear Credit, a leading clearinghouse for credit default swaps, provides robust risk management solutions and comprehensive product offerings. This collaboration highlights ICE's commitment to efficient risk management and transparency in the evolving CDS market. Mizuho Americas gains access to innovative clearing solutions for Single Name and Index CDS instruments. The addition of Mizuho strengthens ICE Clear Credit's liquidity, transparency, and resilience in today's dynamic credit landscape.

Mizuho Americas, a leading financial institution, has joined ICE Clear Credit as a clearing member, marking a significant step in enhancing its credit default swap (CDS) portfolio management. This strategic move underscores the commitment of both entities to efficient risk management and transparency in the evolving CDS market.

ICE Clear Credit, a leading global clearinghouse for CDS, provides robust risk management solutions and comprehensive product offerings. By becoming a clearing member, Mizuho Americas gains access to innovative clearing solutions for Single Name and Index CDS instruments, as well as CDS Index Option instruments referencing major North American and European corporate indices [1].

The addition of Mizuho Americas strengthens ICE Clear Credit's position, delivering deeper liquidity, transparency, and resilience in today's dynamic credit landscape. ICE Clear Credit has already cleared trades with a notional amount exceeding $385 trillion and maintains over $2 trillion in current open interest [2].

Natalya Rasmussen, Chief Operating Officer of the Fixed Income Division at Mizuho Americas, expressed enthusiasm about the move, stating, "Joining ICE Clear Credit is an important step in enhancing our capital and risk management approach. This move is expected to deliver greater efficiencies across our CDS portfolios, aligning with our strategic growth objectives in the global credit derivatives market" [3].

Stan Ivanov, President of ICE Clear Credit, welcomed Mizuho Americas to their growing network of global clearing members, noting, "As the global CDS market continues to evolve, Mizuho’s addition strengthens our position as a service provider of deep liquidity, transparency, and resilience in today’s dynamic credit landscape, where effective risk management is paramount" [3].

This collaboration highlights the ongoing efforts of ICE to provide robust solutions and deep liquidity within the evolving CDS market, where effective risk management is paramount.

References:
[1] https://finance.yahoo.com/news/mizuho-americas-joins-ice-clear-130000403.html
[2] https://www.gurufocus.com/news/3040465/mizuho-americas-joins-ice-clear-credit-as-clearing-member-ice-stock-news
[3] https://www.businesswire.com/news/home/20250806121706/en/Mizuho-Americas-Joins-ICE-Clear-Credit-as-Clearing-Member