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) has announced plans to launch ICE GreenTrace™, an environmental registry technology service, in late 2025. The platform aims to support registries and registry users across the carbon credit lifecycle, bringing advanced infrastructure to carbon markets.
Winrock International's Environmental Resources Trust (ERT) will be the launch partner, implementing the technology for its crediting programs: ACR, the Architecture for REDD+ Transactions (ART), and the Energy Transition Accelerator (ETA). ERT launched ACR in 1996 as the world's first private greenhouse gas registry.
ICE's environmental markets achieved significant milestones in 2024, with 20.4 million environmental contracts traded, equivalent to over $1 trillion in notional value, marking the fourth consecutive year exceeding this threshold, with more than $50 billion physically delivered to multiple registries.
The New York Stock Exchange (NYSE) has released its daily pre-market update for January 27th, 2025, delivered by Kristen Scholer from the NYSE Trading Floor. The update highlights that the S&P 500 is positioned for its third consecutive week of gains. Market attention is focused on the Federal Reserve's first meeting of 2025, with expectations that rates will remain unchanged.
The update also notes upcoming Q4 earnings announcements from major tech companies including Apple, Meta, Microsoft, and Tesla. The NYSE TV Live broadcast is available every weekday from 9:00-10:00am ET.
Intercontinental Exchange (NYSE: ICE) has announced plans to launch MSCI® Equity Index Futures contracts on ICE Futures Abu Dhabi on February 24, 2025, subject to regulatory review. The new offering includes Micro MSCI futures for GCC Countries, Qatar, UAE, and India indices, all denominated in US dollars.
This initiative introduces a new asset class for trading at ICE Futures Abu Dhabi, providing investors with access to Gulf and Indian equity markets and risk management capabilities. ICE currently dominates MSCI Futures trading, accounting for over 70% of global volume, with average daily trading in 2024 representing approximately $13.6 billion in notional value.
The launch aims to enhance regional financial market development, improve market liquidity, and strengthen connectivity with global capital flows. It particularly emphasizes the growing importance of the Middle East-Asia corridor and supports the increasing participation of quantitative investment strategies in MENA markets.
Intercontinental Exchange (NYSE: ICE) reported record growth in assets under management (AUM) for ETFs benchmarked to ICE's indices listed on Asian exchanges in 2024. The passive AUM reached an all-time high of $45.15 billion by December 31, 2024, marking a 70% increase from 2023 and a 10x growth since acquiring BofA Indices in 2017.
The growth was driven by strong retail interest in fixed income and thematic investing. In 2024, 30 new ETFs were launched in Asia tracking ICE's indices, compared to 13 in 2023. Notable regional growth includes Taiwan with 53 ETFs from 15 issuers (67% AUM increase), and significant AUM growth in Japan (400%), Australia (69%), and South Korea (65%).
ICE currently provides over 7,000 global indices across various asset classes, with approximately $2 trillion in total AUM across active and passive strategies as of December 31, 2024.
Intercontinental Exchange (NYSE:ICE) reported record environmental market trading in 2024, with transactions exceeding $1 trillion in notional value for the fourth consecutive year. The company saw a 40% year-over-year increase in environmental futures and options contracts, reaching 20.4 million.
Key highlights include record participation in EU Carbon Allowance (EUA) and UK Carbon Allowance (UKA) futures and options, with physically delivered carbon allowances worth $40 billion. North American markets achieved record volumes of 5.6 million futures and options, with $12.3 billion physically delivered. California Carbon Allowance trading surged 68% year-over-year to 3.9 million contracts.
ICE plans to launch EUA 2 futures on May 6, 2025, supporting the EU's new emissions trading scheme (ETS 2) for buildings and road transport sectors.
ICE's December 2024 mortgage performance data shows mixed signals in the U.S. housing market. The national delinquency rate slightly decreased to 3.72% month-over-month but recorded a 4.0% year-over-year increase, marking the seventh consecutive annual rise. Early-stage delinquencies decreased by 41,000 (-3.6%), while serious delinquencies (90+ days past due) increased by 29,000 (+5.7%).
Foreclosure activity showed some improvement, with sales declining to their lowest level in nearly two years and starts averaging 26,800 monthly in 2024, down from 28,500 in 2023. The prepayment rate fell to 0.57% due to rising interest rates. Louisiana led states with the highest non-current loan percentage at 8.60%, while Montana had the lowest at 2.13%. Notable regional variations showed Hawaii improving with a -12.70% change in non-current loans, while Florida experienced a 23.10% increase.
Intercontinental Exchange (NYSE: ICE) achieved record-breaking trading volumes in 2024, with 2 billion futures and options contracts traded across its platforms. This historic performance included:
- Record 1.2 billion commodity contracts, featuring unprecedented oil trading volumes of 655 million contracts, including 346 million Brent futures and options, and 92.8 million Gasoil contracts
- Record 404 million natural gas futures and options contracts, including 93 million ICE TTF contracts
- Record 753 million interest rate derivatives contracts, including 467 million Euribor and 186 million SONIA futures and options
ICE's comprehensive platform spans multiple assets and geographies, offering customers margin offsets for capital efficiency, with U.S. financial gas markets covering 70 hubs across North America.
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) achieved its highest commodities trading volume day in history on January 10, 2025, with 9.1 million futures and options traded. This included record-breaking volumes of 8.7 million energy futures and options, and 6.1 million oil futures and options.
Notable trading records were set across several oil benchmarks, including 999,000 Gasoil futures and options, 905,700 ICE WTI (Cushing) futures and options, 214,200 ICE Dubai futures, and 104,400 ICE Murban futures. The company's global commodities complex has shown significant growth, with open interest up 11% year-over-year at 63.2 million contracts and average daily trading activity increasing 26% year-to-date.
Intercontinental Exchange (NYSE:ICE) has announced the acquisition of the American Financial Exchange (AFX) from 7RIDGE, securing 100% ownership. AFX is an electronic exchange platform for direct lending and borrowing among American banks and financial institutions, operating the credit-sensitive AMERIBOR® rate.
The acquisition aligns with ICE's existing mortgage technology network and global index business. AFX serves over 1,000 American banks and financial institutions, focusing on regional, midsize, community, and minority-owned banks. The AMERIBOR rate is determined daily based on unsecured interbank loans executed on the AFX platform.
ICE currently manages approximately $670 billion in AUM across passively managed products and about $2 trillion in AUM across combined active and passive strategies as of September 2024. The acquisition is not expected to materially impact ICE's 2025 financial results or affect its deleveraging or capital return plans.
FAQ
What is the current stock price of Intercontinental Exchange (ICE)?
What is the market cap of Intercontinental Exchange (ICE)?
What is Intercontinental Exchange Inc.?
What are the main segments of ICE's business?
What is the ICE Brent crude futures contract?
What services does ICE provide?
How has ICE expanded its business?
When did ICE acquire the New York Stock Exchange?
What are ICE's recent achievements?
How does ICE support financial institutions?
Why is ICE considered a valuable asset for investors?
What is the significance of ICE's vertically integrated business model?
