1

Registered name: ICE Clear Europe Limited, (Registered in England, No. 06219884)

Registered office: Milton Gate, 60 Chiswell Street, London EC1Y 4SA, United Kingdom

ICE Clear Europe Ltd is a recognised clearing house under the Financial Services and Markets Act 2000 and is supervised by the 

Bank of England.

January 15, 2024

Mr. Christopher J. Kirkpatrick

Office of the Secretariat

Commodity Futures Trading Commission

Three Lafayette Centre

1155 21st Street, NW

Washington, DC 20581

Re: ICE Clear Europe Self-Certification Pursuant to Commission Rule Rule 40.6 –

ICE Futures U.S. RIN and RVO Futures and Option on Futures Contracts Fee 

Amendments 

Dear Mr. Kirkpatrick: 

ICE Clear Europe Limited (“ICE Clear Europe” or the “Clearing House”), a registered 

derivatives clearing organization under the Commodity Exchange Act, as amended (the 

“Act”), hereby submits to the Commodity Futures Trading Commission (the 

“Commission”), pursuant to Commission Rule 40.6 for self-certification, amendments 

to certain clearing fees applicable to its ICE Futures U.S. renewable identification 

number (“RIN”) and renewable volume obligation (“RVO”) contracts1as discussed 

herein. The amendments will become effective on the first business day following the 

tenth business day after submission, or such later date as ICE Clear Europe may 

determine. 

Concise Explanation and Analysis 

ICE Clear Europe is amending its clearing fees for ICE Futures U.S. RIN and 

RVO Futures and Option on Futures Contracts. For standard size Futures 

contracts the standard, EFS and block clearing fees will be increased to $15.00 per 

lot. For Mini Futures contracts the standard, EFS and block clearing fees will be 

increased to $1.50 per lot and for Option on Futures contracts the standard EFS and 

block clearing fees will be increased to $15.00 per lot. Please see attached appendix 

for full details. The amendments do not otherwise change the terms and conditions 

of clearing under the contract. 

1 Capitalized terms used but not defined herein have the meanings specified in the IFUS RIN and RVO 

Futures Contracts or, if not defined therein, the ICE Clear Europe Clearing Rules. 
2

Registered name: ICE Clear Europe Limited, (Registered in England, No. 06219884)

Registered office: Milton Gate, 60 Chiswell Street, London EC1Y 4SA, United Kingdom

ICE Clear Europe Ltd is a recognised clearing house under the Financial Services and Markets Act 2000 and is supervised by the 

Bank of England.

Compliance with the Act and CFTC Regulations

The amendments to the clearing fees for the IFUS RIN and RVO futures and option on 

futures contracts are relevant to the following core principle: (L) Public Information, 

and the applicable regulations of the Commission thereunder. 

• Public Information. ICE Clear Europe will make publicly available on its

website the amendments to clearing fees for IFUS RIN and RVO Futures and

Option on Futures Contracts as set forth above. As such, market participants

will have sufficient information to identify and evaluate accurately the costs of

clearing these contracts. ICE Clear Europe therefore believes the amendments

are consistent with the requirements of Core Principle L and Commission Rule

39.21.

As set forth herein, the amendments consist of the changes to the clearing fees as set 

forth above. 

ICE Clear Europe hereby certifies that the amendments comply with the Act and the 

Commission’s regulations thereunder. 

ICE Clear Europe received no substantive opposing views in relation to the 

amendments.

ICE Clear Europe has posted a notice of pending certification and a copy of this 

submission on its website concurrent with the filing of this submission. 

If you or your staff should have any questions or comments or require further 

information regarding this submission, please do not hesitate to contact the undersigned 

at george.milton@theice.com or +44 20 7429 4564. 

Very truly yours,

George Milton

Head of Regulation & Compliance