STOCK TITAN

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.

Rhea-AI Summary
Intercontinental Exchange, Inc. (NYSE:ICE) to co-host Climate & Capital Conference with Gitterman Asset Management and Accenture, focusing on adaptation, innovation, and regulation. Industry professionals will discuss strategies to align capital with climate commitments and manage climate risk.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
Tags
-
Rhea-AI Summary
Intercontinental Exchange and DeltaTerra Capital collaborate to offer climate-adjusted credit risk analytics for residential and commercial mortgage-backed securities
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
Tags
none
-
Rhea-AI Summary
ICE completes sale of Black Knight's Optimal Blue and Empower loan origination system businesses to Constellation Software Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.01%
Tags
none
Rhea-AI Summary
Intercontinental Exchange (ICE) plans to offer ultra-low latency data between markets in the U.S. and Europe, improving speed and access to international financial markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
none
-
Rhea-AI Summary
Intercontinental Exchange (ICE) collaborates with Meridia Land to launch ICE Commodity Traceability (ICE CoT) service, aimed at supporting compliance with the European Union's Deforestation Regulation for cocoa and coffee industries. ICE CoT automates the process of submitting, storing, and validating information for operators and traders. ICE plans to launch ICE CoT in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
none
-
Rhea-AI Summary
CoinDesk Indices and ICE Futures Singapore partner to update bitcoin futures contracts
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
none
News
Rhea-AI Summary
Co-Founder and CEO Kiwi Camara steps down from DISCO. Scott Hill named interim CEO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.4%
Tags
management
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
Tags
conferences
-
Rhea-AI Summary
Mortgage rates climbed above 7.25% in August, the highest in over 20 years, but settled at 7.07% by month-end. Rate lock volumes fell 1.5% from July, driven by a 1.9% decrease in purchase volume. Purchase lock counts were down 22% YoY and 34% compared to pre-pandemic levels. Average purchase price decreased to $450K, with an average loan amount of $352K in August. Adjustable-rate mortgages dropped to 6.56% of lock activity. Overall, the housing market dynamics and high interest rates continue to dampen mortgage demand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
Tags
none
Rhea-AI Summary
ICE's NYSE President and Fixed Income & Data Services Chair, Lynn Martin, will present at the UBS Fintech Leaders Conference on September 14.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
Tags
conferences

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.

Intercontinental Exchange Inc.

NYSE:ICE

ICE Rankings

ICE Stock Data

91.03B
568.20M
1.02%
92.46%
0.75%
Financial Data & Stock Exchanges
Security & Commodity Brokers, Dealers, Exchanges & Services
Link
United States of America
ATLANTA