RBC Joins ICE Clear Credit as FCM Clearing Participant

RBC Capital Markets has joined credit default swaps (CDS) clearinghouse, ICE Clear Credit, as a Futures Commission Merchant (FCM) clearing participant.  The firms have also said that the integration will support the provision of necessary clearing solutions as regulatory and capital requirements in the industry evolve.  The move follows recent developments in clearing for RBC in the last few months. In May 2025, the firm joined UK clearinghouse LCH CDSClear as a clearing member to increase the level of choice market participants have in CDS clearing, by providing the capacity to clear a wide range of credit derivative products.