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.
Intercontinental Exchange (NYSE:ICE), a leading global provider of technology and data, has announced that CFO Warren Gardiner will present at the Bank of America Securities 2025 Financial Services Conference. The presentation is scheduled for Tuesday, February 11 at 1:00 p.m. ET.
Investors and interested parties can access the presentation both live and via replay through a webcast available in the investor relations and media section of ICE's website at http://ir.theice.com.
ICE's February 2025 Mortgage Monitor Report reveals that 2024 experienced the lowest home price growth since 2011, ending at 3.4%. Home inventory increased 22% in 2024, reaching its highest level since mid-2020, with southern states leading the recovery to pre-pandemic levels.
The report highlights significant challenges from natural disasters, particularly the L.A. fires affecting 17,000 homes and condos. Early data shows nearly 5% fewer mortgage holders in fire-affected areas made January payments compared to December. Additionally, over 56,000 homeowners across seven states are still recovering from last year's hurricanes.
Mortgage performance shows a mixed picture: while overall delinquency rates remain 22 basis points below pre-pandemic levels, FHA delinquencies are rising significantly, now 2.5 percentage points above pre-pandemic levels. VA delinquencies also increased by 80 basis points in 2024. Despite these trends, 2024 saw record-low foreclosure rates due to forbearance programs and strong equity positions.
The New York Stock Exchange (NYSE) has released its daily pre-market update for February 3rd, 2025. The update, delivered by Kristen Scholer from the NYSE Trading Floor, highlights key market factors including new tariffs and upcoming earnings reports.
The market faces increased February volatility as traders react to President Trump's implementation of tariffs on goods from China, Mexico, and Canada. Notable upcoming events include earnings reports from tech giants Amazon and Alphabet scheduled for this week. The NYSE TV Live broadcast continues to provide market insights every weekday from 9:00-10:00am ET.
Intercontinental Exchange (NYSE: ICE) has received SEC approval for ICE Swap Trade's registration as a security-based swap execution facility (SBSEF). This regulatory milestone enables ICE Swap Trade to offer single-name credit default swaps (CDS) trading for dealer and institutional customers, expanding its fixed income execution solutions.
ICE Swap Trade, launched in 2013, currently operates trading activities in energy and CDS markets, offering various index CDS products across North American, European, and emerging market instruments. The addition of single-name CDS trading capabilities further strengthens ICE's position in providing transparent and reliable trading environments within the fixed income ecosystem.
The New York Stock Exchange (NYSE) has released its pre-market update for January 31st, 2025, delivered by Kristen Scholer. The update highlights strong market performance for January, with the Dow Jones Industrial Average (DJIA) up 5.5% and the S&P 500 gaining 3.2% for the month. Apple shares are noted to be rising following better-than-expected results. The NYSE TV Live broadcast continues to provide market insights every weekday from 9:00-10:00am ET.
The New York Stock Exchange (NYSE) has released its daily pre-market update for January 30th, 2025, delivered by Kristen Scholer from the NYSE Trading Floor. The update highlights three key market developments: the Federal Reserve's decision to maintain current interest rates, mixed earnings reports from major tech companies Meta, Microsoft, and Tesla, and Apple's upcoming earnings report scheduled for after market close. The NYSE TV Live broadcast is available every weekday from 9:00-10:00am ET.
The New York Stock Exchange (NYSE) has released its daily pre-market update for January 29th, 2025. The update, delivered by Kristen Scholer from the NYSE Trading Floor, highlights key market events for the day. The most significant focus is on the Federal Reserve's first interest rate decision of 2025, scheduled for announcement today. Markets are expecting rates to remain unchanged, with Fed Chair Jerome Powell set to address reporters at 2:30 PM ET. The NYSE TV Live broadcast continues to provide market coverage every weekday from 9:00-10:00am ET.
ICE announced that Enterprise Products Partners and ONEOK have extended their fee waiver arrangement for crude oil transfers between ECHO and MEH terminals for ICE Midland WTI futures contract (HOU) deliveries until December 31, 2028. The extension comes as physical deliveries of ICE Midland WTI were double that of Cushing WTI in 2024.
The arrangement allows buyers to transfer crude oil between terminals at no cost if their preferred delivery terminal wasn't selected. Over 82 million barrels were delivered through HOU's exchange delivery mechanism in 2024, with 5.5 million HOU futures traded and average daily volume of 21,000 contracts.
Notable developments include Continental Resources switching part of its Permian production pricing to HOU, and Platts launching a daily price assessment of Midland WTI crude as a differential to HOU. ICE achieved record trading volumes with 1 billion energy derivatives contracts in 2024, including 655 million oil futures and options contracts.
The New York Stock Exchange (NYSE) is celebrating the Lunar New Year with special decorations and festivities marking the Year of the Snake. The celebration extends throughout the iconic NYSE building, from its distinctive six-columned façade to the Trading Floor at its historic location at 11 Wall Street.
The exchange has shared images showcasing the festive decorations and extended wishes for prosperity, health, and joy to all during this cultural celebration, emphasizing the global nature of financial markets and cultural inclusivity in the heart of Wall Street.
The New York Stock Exchange (NYSE) has released its daily pre-market update for January 28th, 2025, delivered by Kristen Scholer from the NYSE Trading Floor. Key highlights include the start of a two-day Federal Reserve policy meeting, with market expectations pointing to unchanged interest rates. Additionally, General Motors shares are trending upward due to positive profit and sales forecasts. The NYSE TV Live broadcast is available every weekday from 9:00-10:00am ET.
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