The latest in the ongoing dispute between LCH-Clearnet (LCH-C) and Intercontinental Exchange (ICE) has seen the Atlanta-based exchange refuse to provide the London clearinghouse with settlement prices after the two companies clearing agreement ends next summer. The latest in the long history of set-tos between the companies has had the knock-on affect of halting the launch of European Climate Exchange (ECX)s certified emissions reduction (CER) futures and options contracts.
Initially pencilled in for September, ECX has had to temporarily pull the launch of CERs as it holds talks with LCH-C in an attempt...