UNITED STATES OF AMERICA
Before the

COMMODITY FUTURES TRADING COMMISSION

In the Matter of the Application of ICE Endex Markets B.V. for
registration pursuant to Section 4(b)(1) of the Commodity
Exchange Act and Part 48 of the Regulations of the Commodity
Futures Trading Commission in order to permit direct access

to its order entry and trade matching system

ORDER OF REGISTRATION

Pursuant to Section 4(b)(1) of the Commodity Exchange Act (the Act), 7 U.S.C. § 6(b)(1), and
Part 48 of the Commission’s regulations, ICE Endex Markets B.V. (ICE Endex), a Regulated Market
located in Amsterdam, the Netherlands subject to regulatory supervision by the Dutch Authority
Financial Markets (AFM), submitted an application dated May 5, 2014 and including supplemental
submissions filed through September 29, 2016 (the Application), requesting registration in order to
permit identified members and other participants located in the United States to enter trades directly
into its order entry and trade matching system.

The Commission has reviewed the Application along with the exhibits, supplemental
documents, and other supporting information and representations, and finds that ICE Endex has
demonstrated its ability to comply with the requirements of the Act and applicable Commission
regulations thereunder, including the requirements for registration as set forth in Part 48 of the
Commission’s regulations.

In light of the foregoing, IT IS ORDERED, pursuant to Section 4(b)(1) of the Act, 7 U.S.C. §
6(b)(1), that ICE Endex is granted an Order of Registration to permit direct access, as that term is

defined in Section 4(b)(1)(A) of the Act, subject to the terms and conditions specified herein:

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(1) Compliance with the Act and Commission Regulations. ICE Endex shall comply, and

shall demonstrate compliance as requested by the Commission, with all sections of the Act and the
Commission’s regulations thereunder applicable to ICE Endex as a foreign board of trade registered
pursuant to Part 48 of the Commission’s regulations, as may be amended or adopted from time to time.
ICE Endex shall comply with the applicable conditions of registration specified in Commission
regulation 48.8 and any additional conditions that the Commission deems necessary and may impose,
in its discretion, after appropriate notice and opportunity to respond. ICE Endex shall fulfill each of
the representations it has made in support of the Application for registration.

(2) New Regulations. Should the Commission promulgate a regulation addressing or
otherwise affecting any aspect of this Order, then such regulation will apply and supersede the
applicable terms in this Order.

(3) Reservation of Rights. This Order is based upon the representations made and
supporting material provided to the Commission by ICE Endex as part of the Application. In the event
of any changes to or omissions in the material facts or circumstances pursuant to which this Order is
issued, or for any reason in the Commission’s discretion and after appropriate notice and opportunity
to respond, the Commission may condition, modify, suspend, terminate, or otherwise restrict the terms
of this Order, as appropriate and as permitted by law, on its own motion.

Issued in Washington, D.C. this 10th day of January, 2017.

By the Commission

Christopher # Kirkpatrick
Secretary of the Commission

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