As president, Mr Edmonds will be responsible for managing the operational and regulatory aspects of ICE Trust. He replaces Dirk Pruis, who departed the firm.
Mr Edmonds possesses over 15 years of risk management and market experience, including serving as chief development officer for ICAP Energy and CEO of ICAP Futures. Most recently, he served as CEO of International Derivatives Clearing Group.
Jeffrey Sprecher, chairman and CEO of ICE, said: “We are proud to announce Mr Edmonds appointment as president of ICE Trust. He brings tremendous leadership and experience, and together we will strive to expand on our success in credit derivatives. On behalf of the ICE team, I want to thank Mr Pruis for his contribution in helping us build the leading CDS clearing house. Mr Pruis managed the very strong team at ICE Trust that has established our leadership, and that team continues to produce remarkable results.”
