STOCK TITAN
  1. Home
  2. News
  3. ICE

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

Black Knight: As Interest Rates Hit 22-Year Highs, 51% of Homebuyers Face $2,000+ Monthly Mortgage Payments; Nearly a Quarter Face $3,000 Payments or More

Rhea-AI Summary
The average monthly principal and interest payment for borrowers purchasing a home using a 30-year fixed-rate loan reached a record high of $2,306 in July 2023. This represents a 60% increase over the past two years. Rising interest rates have also impacted equity withdrawals from homes, resulting in a 55% decline in equity withdrawals since rates began to rise 15 months ago.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
none
-
News

Intercontinental Exchange Reports August 2023 Statistics

Rhea-AI Summary
Intercontinental Exchange, Inc. (NYSE:ICE) reports strong trading volume and revenue growth in August 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
none
-
News

Enterprise and Magellan’s Terminal Transfer Fee Waiver for ICE Midland WTI (HOU) Extended Through 2024 as HOU Trades at Record Levels During August

Rhea-AI Summary
Intercontinental Exchange extends fee waiver arrangement for crude oil transfer, HOU records another strong trading month
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
none
News

Intercontinental Exchange Completes Acquisition of Black Knight and Announces Preliminary Results of Elections Made by Black Knight Stockholders in Connection with the Acquisition

Rhea-AI Summary
Intercontinental Exchange (NYSE: ICE) completes acquisition of Black Knight (NYSE: BKI), creating ICE Mortgage Technology business segment. Black Knight stockholders to receive $75.867 per share in cash or 0.6577 shares of ICE common stock. Total consideration is approximately $11.9 billion. Per Share Stock Consideration oversubscribed, subject to proration. ICE to divest Optimal Blue and Empower LOS businesses to Constellation Software Inc. (TSX: CSU). Conference call to discuss acquisition on September 28.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
Tags
acquisition
-
News

CRSP Selects ICE’s Uniform Entity Sectors for CRSP Market Indexes and Historical Equity Research Database

Rhea-AI Summary
Intercontinental Exchange (ICE) announces that CRSP will use ICE's Uniform Entity Sectors classification system for CRSP Market Indexes and CRSP Research Products, supporting multi-asset risk and performance analysis. ICE's framework will be available in the CRSP Research Products historical equity database. CRSP Market Indexes have over $2 trillion in linked assets. CRSP Research Products are used by over 600 academic and commercial enterprises. ICE's Uniform Entity Sectors provide a five-tiered classification schema for organizations that issue equities, corporate bonds, and government securities. ICE's schema is used in ICE Index, Evaluations, and Sustainable Finance product offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
Tags
none
-
News

Annexus CEO Ron Shurts & Zebra Capital's Roger Ibbotson Ring the NYSE Closing Bell in Celebration of the 6-Year Anniversary of the NYSE Zebra Edge Index

Rhea-AI Summary
Annexus and Zebra Capital Management celebrate six years of the NYSE Zebra Edge Index, the first index based on Roger Ibbotson's behavioral finance research.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
none
News

Intercontinental Exchange and Black Knight Announce Entry into Agreement Containing Consent Orders with FTC’s Bureau of Competition

Rhea-AI Summary
ICE's acquisition of Black Knight is expected to close on September 5, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
none
-
News

ICE Announces Record Trading Activity in Dubai and Murban Crude As Participants Utilize ICE’s Global Oil Complex to Manage Crude Flows

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
Tags
none
-
News

Intercontinental Exchange, Black Knight and the Federal Trade Commission Jointly Agree to Dismiss Federal Court Case, Pending Settlement Negotiations

Rhea-AI Summary
Intercontinental Exchange, Inc. (NYSE: ICE) and Black Knight, Inc. (NYSE: BKI) have jointly stipulated with the Federal Trade Commission (FTC) to dismiss the preliminary injunction proceeding seeking to block ICE’s acquisition of Black Knight. The agreement allows them to continue working towards a final settlement agreement resolving the FTC’s challenge. The Timing Agreement sets deadlines and milestones for a mutually acceptable Agreement Containing Consent Order (ACCO) by August 25, 2023. This follows the announced divestiture agreements for Black Knight’s Optimal Blue and Empower loan origination system businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.82%
Tags
none
News

Intercontinental Exchange Reports July 2023 Statistics

Rhea-AI Summary
Intercontinental Exchange, Inc. (NYSE:ICE) reported July 2023 trading volume and revenue statistics. Total average daily volume (ADV) is up 8% y/y, with various energy products showing significant increases. Open interest (OI) is also up across different categories, with record OI of 50.9M lots on July 25. The company's investor relations website provides detailed statistics.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.55%
Tags
none

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.

Stock ICE logo
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%
Financial Data & Stock Exchanges
Security & Commodity Brokers, Dealers, Exchanges & Services
Link
United States of America
ATLANTA