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Intercontinental Exchange Inc. - ICE STOCK NEWS

Welcome to our dedicated page for Intercontinental Exchange news (Ticker: ICE), a resource for investors and traders seeking the latest updates and insights on Intercontinental Exchange stock.

Intercontinental Exchange Inc. (symbol: ICE) is a distinguished leader in operating global financial exchanges and providing valuable data services. Best known for its ownership of the New York Stock Exchange since 2013, ICE also operates a significant derivatives exchange. The firm's primary commodity futures product is the ICE Brent crude futures contract.

ICE's business structure is vertically integrated, ensuring a comprehensive suite of services. The company's net revenue is distributed across three main segments: exchanges business (56%), mortgage technology (15%), and fixed-income and data services (29%). This diversified revenue stream highlights ICE's robust market presence and adaptability.

ICE has expanded its offerings through strategic acquisitions, forming a solid basis for its mortgage technology and data services. This includes providing real-time market data, fixed income evaluations, trading infrastructure, and analytics. These services support financial institutions, active traders, and software providers in essential functions like portfolio valuation, regulatory compliance, risk management, electronic trading, and wealth management.

Recent achievements include advancements in mortgage technology solutions, enhancing the efficiency and transparency of the mortgage loan process. ICE continues to innovate in the financial data services sector, offering cutting-edge solutions that meet the evolving needs of the global financial community.

With a strong financial foundation, ICE is well-positioned to continue its growth trajectory. The company’s focus on technology and data-driven services positions it at the forefront of financial market innovation, making it a valuable asset for investors seeking comprehensive market insights and reliable trading platforms.

News

ICE Announces Record Trading Activity and Open Interest in Natural Gas Liquids Markets

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Intercontinental Exchange announces record trading activity in natural gas liquids markets
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ICE Named ESG Data Vendor of the Year in the Asia Pacific Region by Asia Risk

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ICE selected as ESG Data Vendor of the Year in Asia Pacific region
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ICE Announces Record Third Quarter in TTF Natural Gas

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Intercontinental Exchange (NYSE:ICE) announces record third quarter for TTF with 18.7 million futures and options traded, up 101% YoY. TTF market has grown strongly with open interest up 54% YoY at 2.65 million contracts. TTF Options volume up over 200% YoY.
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ICE Announces Largest Sugar Delivery on Record Amidst Strong Sugar Volumes and Open Interest

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Intercontinental Exchange announced the largest delivery on record of ICE's global benchmark Sugar No.11® contract with 2.82 million tons of sugar, indicating strong growth in volumes and open interest. Sugar prices have risen to the highest in over a decade, leading to increased utilization of ICE's markets to manage risk.
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Intercontinental Exchange Reports September and Third Quarter 2023 Statistics

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Intercontinental Exchange, Inc. reports positive growth in trading volume and revenue statistics for September 2023. Energy ADV up 30% y/y, Total Oil ADV up 48% y/y, WTI ADV up 95% y/y. Gasoil ADV up 34% y/y. TTF gas ADV up 118% y/y. Total Ags & Metals ADV up 7% y/y. SONIA ADV up 30% y/y. NYSE Equity Options ADV up 5% y/y.
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Black Knight: As Home Prices Set Yet Another Record in August, Pushing Annual Growth Rate Sharply Higher, Small but Active Cash-Out Refinance Market Defies Traditional Analysis

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Home prices rose an exceptionally strong seasonally adjusted +0.68% from July; August's non-adjusted gain (+0.24%) was more than 60% larger than the 25-year same-month average (+0.15%). The annual rate of home price growth increased to +3.8%, up from +2.4% in July and just +0.25% in May. Mortgage origination activity remains centered around purchase loans and is expected to dominate the market through 2024. Nine out of 10 borrowers who refinanced in August raised their interest rate by an average of +2.34 percentage points. Cash-out borrowers have lower balances and are seeking to withdraw larger amounts of equity at lower rates than current HELOC offerings.
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ICE Completes First Delivery of London Cocoa Using Fully Electronic Warehouse Warrants

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Intercontinental Exchange (ICE) successfully delivers London Cocoa using fully electronic warehouse warrants, replacing paper-based systems. ICE delivered 123,260 tons of London cocoa in September, the largest delivery since March 2017. Open interest across ICE's portfolio hit a record 4.78 million contracts in September 2023, up 18% YoY. OI in ICE's Sugar markets is up 31% YoY, and OI in ICE's Cocoa markets is up 42% YoY.
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The Government Pension Investment Fund of Japan Uses ICE for Impact Bond and Avoided Emissions Assessment of its Portfolio

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Intercontinental Exchange (ICE) selected by GPIF for impact assessment of investment in impact bonds. ICE conducted assessment covering emissions reduction, renewable energy, social impact, job creation. GPIF published report with impact metrics per US dollar invested. ICE used carbon emissions database and avoided emissions methodology. ICE's expertise combined with sustainable finance data and analytics to develop innovative products and solutions.
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Lender Toolkit™ Launches Automated Income Calculator for Encompass® Users

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Lender Toolkit announces the launch of Prism, an innovative income calculation solution for mortgage lenders, resulting in shortened cycle times and increased profitability. Prism integrates with Encompass by ICE Mortgage Technology and includes built-in agency guidelines, OCR for income document data extraction, and a human-in-the-loop workflow. Prism Plus offers automated data extraction and reduces income calculation turn times. Lender Toolkit's AI Underwriter can underwrite a loan in 90 seconds or less, enhancing the customer experience and reducing operating expenses. Partnership with Blueprint provides automatic uploading of advisories and ensures accuracy. Prism is a game-changer for mortgage lenders.
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ICE to Launch CORSIA Carbon Credit Futures Market to Manage Emissions Exposure from Airlines

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Intercontinental Exchange plans to launch a futures contract for carbon credits eligible under CORSIA, aimed at reducing emissions from international aviation. The contract will be available for the 2024-2026 compliance period and will appeal to a wide range of market participants. The launch date is set for October 9, 2023. ICE aims to include carbon credits issued by Verra and Gold Standard in the future.
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FAQ

What is the current stock price of Intercontinental Exchange (ICE)?

The current stock price of Intercontinental Exchange (ICE) is $159.29 as of November 22, 2024.

What is the market cap of Intercontinental Exchange (ICE)?

The market cap of Intercontinental Exchange (ICE) is approximately 91.0B.

What is Intercontinental Exchange Inc.?

Intercontinental Exchange Inc. (ICE) operates global financial exchanges, including the New York Stock Exchange, and provides data services.

What are the main segments of ICE's business?

ICE's business is divided into three main segments: exchanges business (56% of net revenue), mortgage technology (15%), and fixed-income and data services (29%).

What is the ICE Brent crude futures contract?

The ICE Brent crude futures contract is one of ICE's largest commodity futures products, playing a significant role in the derivatives market.

What services does ICE provide?

ICE offers real-time market data, fixed income evaluations, trading infrastructure, analytics, portfolio valuation, regulatory compliance, risk management, electronic trading, and wealth management solutions.

How has ICE expanded its business?

ICE has expanded through strategic acquisitions, particularly in mortgage technology and data services, enhancing its market offerings.

When did ICE acquire the New York Stock Exchange?

ICE acquired the New York Stock Exchange in 2013.

What are ICE's recent achievements?

Recent achievements include advancements in mortgage technology, improving the efficiency and transparency of the mortgage loan process.

How does ICE support financial institutions?

ICE supports financial institutions through services like portfolio valuation, regulatory compliance, risk management, and electronic trading.

Why is ICE considered a valuable asset for investors?

ICE's focus on technology and data-driven services, along with its strong financial foundation, make it a valuable asset for investors seeking market insights and reliable trading platforms.

What is the significance of ICE's vertically integrated business model?

ICE's vertically integrated model ensures a comprehensive suite of financial services, enhancing its market presence and operational efficiency.

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Intercontinental Exchange Inc.

NYSE:ICE

ICE Rankings

#144 Ranked by Market Cap
#1732 Ranked by Dividends

ICE Stock Data

91.03B
568.20M
1.02%
92.46%
0.75%
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