ICE ETF Hub Wins Europe, Australia Approval, Expanding ETP Order Operations to 33 Markets
Updated
Updated · Markets Media · May 27
ICE ETF Hub Wins Europe, Australia Approval, Expanding ETP Order Operations to 33 Markets
6 articles · Updated · Markets Media · May 27
ICE ETF Hub secured regulatory approval to handle exchange-traded product order receipt and transmission in Europe and Australia, extending its reach to 33 countries and jurisdictions.
The Europe expansion is anchored in Dutch approval that lets the platform passport into 29 additional countries, including Ireland, Luxembourg, Germany, Switzerland and France.
In Australia, an Australian Market License allows ETF Hub services to be offered to local participants, widening access beyond North America, Europe and Asia.
ICE said rising global ETF assets under management are driving demand for automated primary-market infrastructure that streamlines share creation and redemption and helps keep trading prices aligned with net asset value.
As ICE's ETF Hub centralizes global trading, is it building a more efficient market or a new systemic risk?
As the ETF market booms, can today's platforms pivot to the coming world of tokenized assets?