ICE Launches Index to Track Performance of New Listings on the New York Stock Exchange
Intercontinental Exchange (NYSE: ICE) has launched the NYSE® IPO Index (NYSEIPO), a new equal-weighted index tracking the performance of newly listed companies on NYSE Group exchanges. The index includes 81 companies that have completed IPOs, direct listings, spin-offs, or transfers from OTC/ex-U.S. markets within the past three years.
The index requires companies to have a minimum market capitalization of $200 million and excludes SPACs and post-SPAC operating companies. This initiative leverages ICE's index expertise, with approximately $2 trillion in assets currently benchmarked to ICE Indices.
Intercontinental Exchange (NYSE: ICE) ha lanciato il NYSE® IPO Index (NYSEIPO), un nuovo indice a capitalizzazione pari che monitora le performance delle aziende recentemente quotate sui mercati di NYSE Group. L'indice include 81 aziende che hanno completato IPO, quotazioni dirette, scissioni o trasferimenti dai mercati OTC/ex-U.S. negli ultimi tre anni.
Per essere incluse nell'indice, le aziende devono avere una capitalizzazione di mercato minima di 200 milioni di dollari e sono escluse le SPAC e le aziende operanti post-SPAC. Questa iniziativa sfrutta l'esperienza di ICE negli indici, con circa 2 trilioni di dollari in attivi attualmente benchmarkati sugli Indici ICE.
Intercontinental Exchange (NYSE: ICE) ha lanzado el NYSE® IPO Index (NYSEIPO), un nuevo índice ponderado equitativamente que rastrea el desempeño de las empresas recién cotizadas en los intercambios del Grupo NYSE. El índice incluye 81 empresas que han completado IPOs, listados directos, escisiones o transferencias desde mercados OTC/ex EE.UU. en los últimos tres años.
El índice requiere que las empresas tengan una capitalización de mercado mínima de 200 millones de dólares y excluye las SPAC y las empresas operativas posteriores a la SPAC. Esta iniciativa aprovecha la experiencia de ICE en índices, con aproximadamente 2 billones de dólares en activos actualmente referenciados a los Índices ICE.
인터컨티넨탈 익스체인지 (NYSE: ICE)가 NYSE® IPO 지수 (NYSEIPO)를 출시했습니다. 이는 NYSE 그룹 거래소에 새로 상장된 기업의 성과를 추적하는 새로운 동등 가중 지수입니다. 이 지수에는 지난 3년간 IPO, 직접 상장, 분할 또는 OTC/미국 외 시장에서의 이전을 완료한 81개 기업이 포함되어 있습니다.
지수에 포함되기 위해서는 기업이 최소 2억 달러의 시가 총액을 가져야 하며 SPAC 및 SPAC 운영 기업은 제외됩니다. 이 이니셔티브는 ICE의 지수 전문성을 활용하며, 현재 대략 2조 달러의 자산이 ICE 지수에 벤치마크되고 있습니다.
Intercontinental Exchange (NYSE: ICE) a lancé le NYSE® IPO Index (NYSEIPO), un nouvel indice à pondération égale qui suit la performance des entreprises récemment cotées sur les bourses du groupe NYSE. L'indice comprend 81 entreprises qui ont réalisé des IPO, des cotations directes, des scissions ou des transferts depuis des marchés OTC/ex-Américains au cours des trois dernières années.
L'indice exige que les entreprises aient une capitalisation boursière minimale de 200 millions de dollars et exclut les SPAC ainsi que les entreprises opérant après une SPAC. Cette initiative s'appuie sur l'expertise d'ICE en matière d'indices, avec environ 2 billions de dollars d'actifs actuellement référencés aux Indices ICE.
Intercontinental Exchange (NYSE: ICE) hat den NYSE® IPO Index (NYSEIPO) ins Leben gerufen, einen neuen gleichgewichteten Index, der die Leistung neu gelisteter Unternehmen an den Börsen von NYSE Group verfolgt. Der Index umfasst 81 Unternehmen, die innerhalb der letzten drei Jahre IPOs, direkte Listungen, Spin-offs oder Übertragungen von OTC/ex-US-Märkten abgeschlossen haben.
Für die Aufnahme in den Index müssen Unternehmen eine Mindestmarktkapitalisierung von 200 Millionen Dollar aufweisen und SPACs sowie Unternehmen nach SPAC sind ausgeschlossen. Diese Initiative nutzt die Indexexpertise von ICE, mit ungefähr 2 Billionen Dollar an Vermögenswerten, die derzeit auf ICE-Indizes benchmarkiert sind.
- Launch of new NYSE® IPO Index creates potential revenue stream from index licensing
- Leverages existing $2 trillion in assets benchmarked to ICE Indices
- Expands ICE's index product offerings
- None.
Insights
The launch of NYSE® IPO Index represents a strategic move to capitalize on the growing interest in newly-listed companies while providing a benchmark for potential ETF products. With
The index's methodology is particularly noteworthy - the equal-weighted approach reduces concentration risk and gives smaller companies equal representation, unlike market-cap weighted indices where larger companies dominate. The
A simple way to understand this: imagine a basket where each new company gets the same importance, regardless of size. This helps investors spread their risk across different newly-listed companies rather than having most of their money in just a few big ones.
The index launch addresses a important market gap by providing a standardized way to track and invest in NYSE's new listings performance. With 81 listings over three years included, this creates a substantial dataset for comparing NYSE's listing performance against competing exchanges. The exclusion of SPACs is particularly strategic, as it maintains focus on traditional corporate listings that historically demonstrate more stable long-term performance.
Think of this like a report card that shows how well new companies do after joining the NYSE - it helps investors see if listing on NYSE actually leads to better performance compared to other exchanges. For companies considering where to list, this transparency could influence their choice, potentially strengthening NYSE's competitive position against other exchanges.
Facilitates Passive Investment in New Listings on NYSE Exchanges
Includes 81 listings during the previous three years
"This new index facilitates investment in the performance of NYSE-listed companies shortly after their arrival to the market. It combines the power of the NYSE and the quality of companies that choose to list here with ICE’s robust index business,” said Lynn Martin, President of NYSE Group. “The NYSE continues to be the premier venue for companies seeking access to capital markets, with companies choosing the NYSE historically outperforming companies debuting on other exchanges in the weeks, months and years following their listing day.”
ICE provides a broad range of indices across asset classes, with approximately
“The index and methodology offer investors a unique benchmark for the market performance of companies newly listed on the NYSE,” said Preston Peacock, Head of ICE Data Indices. “It leverages our extensive experience of bringing new indices to market, including the initial idea through to launching the index, and in many cases working with partners on the issuance of an ETF.”
The NYSE® IPO Index is an equally-weighted index designed to track the performance of IPOs and other newly-listed companies with a minimum market cap of
For more information about the NYSE® IPO Index, please visit indices.ice.com.
About Intercontinental Exchange
NYSEIPO is administered by ICE Data Indices, LLC. Additional, important information regarding the index, including methodology and limitations, is available at indices.ice.com.
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming
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. 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, 2023, as filed with the SEC on February 8, 2024.
Category: Fixed Income and Data Services
SOURCE: Intercontinental Exchange
ICE-CORP
View source version on businesswire.com: https://www.businesswire.com/news/home/20250121449363/en/
ICE Media Contact:
Damon Leavell
damon.leavell@ice.com
(212) 323-8587
ICE Investor Contact:
Katia Gonzalez
katia.gonzalez@ice.com
(678) 981-3882
investors@ice.com
Source: Intercontinental Exchange, Inc.
FAQ
What is the minimum market cap requirement for companies in the NYSE® IPO Index (NYSEIPO)?
How many companies are currently included in ICE's new NYSE® IPO Index?
Does ICE's NYSE® IPO Index include SPAC listings?
What types of listings are included in ICE's NYSE® IPO Index?
How is ICE's NYSE® IPO Index weighted?
