Risk.net

Nybot gains regulatory approval in the UK

The New York Board of Trade (Nybot), a wholly-owned subsidiary of IntercontinentalExchange, has announced that the United Kingdom's Financial Services Authority has made a recognition order designating Nybot as a "Recognised Overseas Investment Exchange" (ROIE). Recognition will allow Nybot to expand access to electronic trading in the UK.

Recognition will allow Nybot to expand access to electronic trading in the UK and increase the scope of its sales and marketing activities.