ICE
The following licences will apply:
  • Usage Licence – allow clients to use LIBOR rates in valuation and pricing activities, including (but not limited to): collateral calculations, interest rate fixings, pricing curves, discount curves and forward curves (Usage Licence); and/or to use LIBOR rates as a reference rate in transactions and financial products including (but not limited to): swaps, FRAs, mortgages and loans (Usage Licence)
  • Historical Access Licence – allows clients to access ICE's database of historical LIBOR rates and individual submissions data going back to 1 January 2005
  • Redistribution Licence – for parties that are redistributing LIBOR rate information to third parties, either in real-time or delayed
  • Trading Venue and/or Clearing Venue Licence – allows parties to create, list, settle, clear, market and otherwise maintain financial contracts for which LIBOR is the underlying reference
Each of the licences above allow the client to access LIBOR rate information from ICE Benchmark Administration's SFTP service or e-mail service. Please refer to the Technical Access section for more information about these services.

An on-line licensing wizard is available to assist with licensing of LIBOR rate information. Clients will be asked to provide information on how they intend to use LIBOR rates information and will then be walked through the agreement process. The licensing wizard can be accessed here: iba.theice.com/licenses