An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
ICE Global Network Expands Wireless Service in Europe
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Intercontinental Exchange (NYSE: ICE) is expanding its wireless offerings in Europe, specifically targeting Bergamo and London. The new networks will enhance connectivity for market participants, offering lower latency solutions between key trading venues. Following Euronext's migration to Bergamo, ICE aims to connect markets in London and Frankfurt, enhancing local and cross-border access. This expansion reflects ICE's commitment to improving service performance for customers.
Positive
Expansion of wireless offerings in Europe.
Lower latency solutions to enhance market connectivity.
Connections planned between major trading hubs including Bergamo, London, and Frankfurt.
Negative
None.
New offerings planned in Bergamo and London
LONDON--(BUSINESS WIRE)--
Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it is expanding its wireless offering in Europe. ICE plans to offer market data and private bandwidth services over wireless between Bergamo, Frankfurt, London and within the London metro area. These new wireless networks are designed to provide market participants with a lower latency solution for connectivity between trading venues.
Following Euronext’s migration to Bergamo, ICE is planning to expand its wireless network and will connect markets in London and Frankfurt to the new Euronext location. Similarly, ICE plans to add the new London Stock Exchange data center in the London Docklands to its wireless portfolio when it goes live next year. These planned expanded offerings reflect ICE’s efforts to include data centers that are important to the trading landscape in its portfolio of services and provide customers with local and cross-border connectivity between major trading hubs.
“ICE’s expanded wireless capabilities in Europe highlight our commitment to our customers and the industry to connect to the new data centers in Bergamo and London,” said Margaret Niche, Head of ICE Global Network. “Our wireless solutions are designed to provide customers with consistent, low-latency performance and connectivity between the most important trading hubs across the UK and Europe.”
In April 2021, ICE launched its ultra-low latency wireless offering for the London Metro and Frankfurt markets. The solution uses purpose built wireless infrastructure in Europe to help customers meet the increasing demands they face. ICE’s wireless offering comprises private bandwidth along with market data using ICE’s proprietary protocol, which is engineered for easy integration and includes a comprehensive fiber backup.
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Other products, services, or company names mentioned herein are the property of, and may be the service mark or trademark of, their respective owners. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2021, as filed with the SEC on February 3, 2022.
