Intercontinental Exchange To Present May Mortgage Monitor, Extends Risk Model 2 to ERCOT Power
Intercontinental Exchange's head of mortgage and housing market research, Andy Walden, will present the May Mortgage Monitor on NYSE Live, offering insights into April mortgage originations, delinquency rates and refinancing trends. The company is extending its VaR-based portfolio margining methodology, ICE Risk Model 2, to cover U.S. ERCOT power positions.
1. Mortgage Monitor Presentation on NYSE Live
Intercontinental Exchange’s Head of Mortgage and Housing Market Research, Andy Walden, will break down the May Mortgage Monitor on NYSE Live, detailing April’s mortgage originations, delinquency rates and refinancing volumes. This session provides investors and traders with timely housing finance metrics ahead of market open.
2. Expansion of Risk Model 2 into ERCOT Power
The firm is rolling out its ICE Risk Model 2, a value-at-risk based portfolio margining framework, to include positions in the U.S. ERCOT power market. This enhancement integrates electric power derivatives into ICE’s centralized margining process, aiming to boost risk efficiency and attract additional power market participants.