ICE Benchmark Administration (IBA) provides transparent, fair and sustainable access to the benchmarks for all users. IBA licenses the use or redistribution of the benchmarks on a commercial and reasonable basis, to help set standards of fairness and transparency in benchmark distribution and licensing.
IBA benchmark data is available on a real-time, intraday or delayed basis through redistribution partners. For LIBOR and ICE Swap Rate, intraday data is available 4 hours after original publication time and delayed data is available 24 hours after original publication time. For LBMA Gold Price and LBMA Silver Price, intraday data is available 4 hours after original publication time and delayed data is available at midnight London time. Historical LIBOR data is also available on a 7-day delayed basis.
Clients wishing to use or redistribute IBA’s benchmarks require a license. Further information on the types of licenses available can be found below.
Licensing
Any entity or person that wishes to use IBA’s benchmark or other information and data needs to enter into an appropriate licence agreement with IBA. IBA currently makes available the following types of licence agreements for its benchmarks and other information and data:
- Usage Licences and Historical Access and Usage Licences (e.g. for use in valuation and pricing activities, transactions and financial products)
- Market Data Vendor/Redistribution Licences (with ICE Data LLP)
- Trading/Clearing Venue Licences (e.g. for the creation, listing, trading, clearing and settlement of financial products)
- Exchange Traded Product Licenses (e.g. for the creation and issuance of exchange traded funds)
- Derived Benchmark Licenses (e.g. for the creation of derived indices)
Please see our Master Licence Agreement and our Fee Schedule below or contact IBA at [email protected] for further details.
Where an entity or person wishes to use IBA’s benchmark or other information and data in a manner not contemplated by one of our existing licenses, it should contact IBA at [email protected] to discuss entering into an appropriate licence arrangement.
(Do not sign this version, please contact [email protected] for a version to execute)
Data Vendors and Redistributors
Details of authorized data vendors and redistributors for IBA’s benchmark and other data can be obtained from [email protected].
Additional Access Options for LIBOR
All of IBA's benchmarks can be accessed from redistributors and data vendors. In addition all IBA benchmarks are available via IBA’s MFT service.
- LIBOR® Multicast
- IBA's MFT service
- IBA's daily email distribution
MFT Service
- Licensed clients are able to download IBA benchmark information from ICE MFT servers at time of publication and also historical rates
- Files are published in FIXML format
- IIn order to set up access to this service, clients are required to generate SSH keys and provide these to: [email protected]
Technical Documentation
LIBOR rates files are in FIXML format. Sample files are provided to help clients in setting up their systems.
Sample LIBOR file - “synthetic” rates USD
Sample LIBOR file - “synthetic” rates GBP
Sample Files - ICE Swap Rate
Sample ICE Swap Rate file - GBP SONIA RATES 1100
Sample ICE Swap Rate file - EUR RATES 1100
Sample ICE Swap Rate file - EUR RATES 1200
Sample ICE Swap Rate file - USD SOFR Rates 1100
Sample Files - LBMA Gold and LBMA Silver Price
Visit the LBMA Gold and Silver Price page for sample files
Note: Clients may find it easier to view the contents of the FIXML file using Microsoft Excel to tabulate the data into headed columns. To do this, save the file to your computer, then drag and drop the file onto an open Microsoft Excel window and select 'As an XML table' when presented with the 'Open XML' dialogue box (you may need to click 'OK' again if asked whether to create a schema based on the XML source data).
Note: Clients may find it easier to view the contents of the FIXML file using Microsoft Excel to tabulate the data into headed columns. To do this, save the file to your computer, then drag and drop the file onto an open Microsoft Excel window and select 'As an XML table' when presented with the 'Open XML' dialogue box (you may need to click 'OK' again if asked whether to create a schema based on the XML source data).