Northern Trust selects ICE ETF Hub for U.S. ETF servicing launch

Northern Trust (NTRS) entered into an agreement with Intercontinental Exchange (ICE) to leverage ICE ETF Hub as the order-taking platform for its new U.S. exchange-traded funds servicing capability for institutional investors. The integration marks a key milestone in Northern Trust’s strategic entry into the U.S. institutional investor ETF servicing market. ICE ETF Hub provides a secure, scalable technology infrastructure that streamlines ETF primary market workflows and connects directly with authorized participants, market makers, distributors, and other essential participants in the ETF ecosystem. The platform will seamlessly integrate with Northern Trust’s fully automated, proprietary ETF servicing application.