Business data for Intercontinental Exchange: This page was last edited on 20 January 2021, at 15:20. The financial impact of the transaction will be immaterial and was included in ICE's financial guidance for 2017. The infrastructure and data to access global markets, Trading, messaging and analytics tools designed with your workflow in mind, Post-trade applications for informed decision making and operational efficiency, Efficiently manage primary trading activity, Education, subscriptions, trading hours, fees and calendars, Increasing efficiency, transparency and access across the trading cycle, Deep liquidity pools across multiple trading protocols, Pricing, analytics & exchange information, Stability and risk management across global markets, Multi-asset clearing across global exchanges, Strategically designed clearing network access, Services for interest rate, equity index, ag and global energy derivatives, Capital-efficient clearing services for European equity derivatives products, Counterparty risk management + post-trade services for Asian derivatives, Supporting ag, FX, metals, equity derivative and digital assets clearing, Clearing for North American natural gas and electricity markets, Vital market information and connectivity for participants around the world, Influence your intraday, real-time decision making, Benchmark & bespoke indices on a common platform, Broad content & delivery solutions to access global markets, Leverage proprietary data from ICE & NYSE, Events, webinars, strategic alliances and business agreements, Identify opportunities, make informed decisions, execute quickly, Manage risk, measure effectiveness, achieve compliance, Technology and integration tools for efficient data management, Go behind the scenes of the most fascinating workplaces, Interviews from business leaders' home offices, Conversation with C-suite executives from Fortune's Most Powerful Women Summit, Go behind the historic façade of the NYSE and inside the global financial marketplace, Business insights from our listed companies, Hear from the C-Suite as they discuss the energy transition, White Paper: Time Traveling the Natural Gas Market, Equity Derivatives: Growth, Diversification & Scale. In April 2018, ICE announced that it had entered into an agreement to acquire the Chicago Stock Exchange (CHX), a full-service stock exchange, including trading, data and corporate listings services. [45], In August 2020, ICE announced that it had entered into a definitive agreement to acquire Ellie Mae, a cloud-based platform provider for the mortgage finance industry. Never miss out on gossip, celebrity photos, videos, divorces, scandals and more. In October 2016 it had completed its all-cash acquisition. ICE continues to invest in its data services to address evolving customer needs driven by regulatory reform, market fragmentation, passive investing and indexation, along with increased demand for data capacity and security, and independent valuations. Secure. SuperDerivatives was purchased for $350 million on October 7, 2014. Get the latest stock price for Intercontinental Exchange Inc. (ICE:US), plus the latest news, recent trades, charting, insider activity, and analyst ratings. 5 million people choose ICE every year 47 years trading UK based company Currency exchange you can count on. [34] ICE challenged the decision in the Competition Appeal Tribunal (CAT), but the CAT upheld the CMA's decision. The Global Dry Ice market was valued at US$ 159.7 Mn in 2018 and is projected to increase significantly at a CAGR of 6.5% from 2019 to 2028. In May, saying it "became clear that we would not be successful in securing regulatory approval," the Nasdaq and ICE withdrew their bid. Its main products include: The company is split into the following subsidiaries: In June 2016 Intercontinental Exchange introduced the expanded ICE Data Services, which combined exchange data, valuations, analytics, and other software used by the New York Stock Exchange (NYSE), SuperDerivatives and Interactive Data (IDC).[48]. and open interest for U.S. contracts on agriculture commodities, Their customers include global financial institutions, asset managers, commercial hedging firms, risk managers, corporate issuers and individual investors. Quick & easy currency exchange . markets continue to lead across the equity derivatives space. This paper provides an overview of Furthermore, in August 2019, it announced it had entered into an agreement to acquire a family of fixed income volatility indices, including the prominent Merrill Lynch Option Volatility Estimate (“MOVE”) family of indices. "[7], The principal backers for ICE US Trust were the same financial institutions most affected by the crisis, the top nine of the world's largest banks (Goldman Sachs, Bank of America, Citi, Credit Suisse, Deutsche Bank, JPMorgan, Merrill Lynch, Morgan Stanley and UBS). [38], In February 2017, ICE announced that it had entered into a definitive agreement to acquire the Global Research division's index platform from Bank of America Merrill Lynch. Interactive Brokers LLC. The Intercontinental Exchange (ICE) is an American company that owns and operates financial and commodity marketplaces and exchanges. Bid", "Nasdaq May Ask CME or ICE for Help in NYSE Counterbid, WSJ Says", "Nasdaq and ICE sweeten the pot for NYSE", "Nasdaq, ICE withdraw bid for NYSE after DOJ talks", "Mergers: Commission blocks proposed merger between Deutsche Börse and NYSE Euronext", "NYSE Euronext merger with Deutsche Boerse blocked by EU", "IntercontinentalExchange to buy NYSE for $8.2B", "For the New York Stock Exchange, a sell order", "IntercontinentalExchange's SuperDerivatives Acquisition To Boost Market Data Business", "ICE to buy market data firm Interactive Data in $5.2 billion deal", "Intercontinental Exchange completes acquisition of Interactive Data Corporation", "UK court upholds ICE Trayport sale order", "CMA final decision on ICE/Trayport agreement - GOV.UK", "Canada's TMX buys ICE's Trayport energy trading platform", "ICE to sell commodities trading platform Trayport for £550m", "ICE to acquire fixed income indices from BAML", "Intercontinental Exchange completes acquisition of Virtu BondPoint; expands fixed income market solutions", "NYSE Agrees to Acquire 136-Year-Old Chicago Stock Exchange", "Intercontinental Exchange Agrees to Acquire TMC Bonds", "ICE makes mortgage play with Simplifile acquisition", "NYSE-owner ICE to buy Ellie Mae in $11 billion deal", "With $11B Ellie Mae deal finalized, ICE prepares to unleash a "fully digital mortgage ecosystem, "Intercontinental Exchange Launches Expanded ICE Data Services", "The NYSE's Owner Wants to Bring Bitcoin to Your 401(k). ICE had owned a majority equity interest in MERS since 2016. The financial impact of the transaction is expected to be immaterial in 2017. [56] In February 2020, ICE announced that it agreed to acquire Bridge2 Solutions, a leading provider of loyalty solutions for merchants and consumers. The transaction is expected to close in the second half of 2018, subject to customary regulatory and anti-trust approvals, and is not expected to materially impact 2018 financial results or capital returns. In February 2011, in the wake of an announced merger of NYSE Euronext with Deutsche Börse, speculation developed that ICE and Nasdaq could mount a counter-bid of their own for NYSE Euronext. [7][8] By September 30, 2008 the Financial Post warned that the "$54000bn credit derivatives market faced its biggest test in October 2008 as billions of dollars worth of contracts on now-defaulted derivatives would be auctioned by the International Swaps and Derivatives Association . The acquisition was reportedly completed on January 2, 2018 as announced by ICE. Contact Us; Open Account. In March 2007 ICE made an unsuccessful $9.9 billion bid for the Chicago Board of Trade, which was instead acquired by the CME Group. The transaction with Ellie Mae, a portfolio company of Thoma Bravo, a leading private equity investment firm, valued Ellie Mae at approximately $11 billion. In March 2016, ICE agreed to acquire Standard & Poor's Securities Evaluations, Inc. (SPSE) and Credit Market Analysis (CMA), two assets under the S&P Global Market Intelligence business unit from McGraw Hill Financial. To make things easier, you can now pre-order your travel money online hassle free; and for peace of mind, pay on collection. ICE | Complete Intercontinental Exchange Inc. stock news by MarketWatch. ICE, ICE GP, and. This mission is executed through the enforcement of more than 400 federal statutes and focuses on smart immigration enforcement, preventin Better rate than the banks and no fee. ICE is controlled indirectly by Intercontinental-Exchange, Inc. (ICE) ICE’s wholly owned subsidiary, ICE US Holding Company GP LLC (ICE GP), a Delaware limited liability company, is the general partner of ICE LP. As of the time of the speculation, "NYSE Euronext’s market value was $9.75 billion. [24] The European Commission then blocked the Deutsche merger on February 1, 2012, citing the fact that the merged company would have a near monopoly.[25][26]. In his article in the Financial Post, he described ICE as a "US-based electronic futures exchange" which raised the stakes on October 30, 2008 in its effort to expand in the $54000 bn credit derivatives market. Since 2003, ICE has partnered with the Chicago Climate Exchange (CCX) to host its electronic marketplaces. Best rates online. Chicago Climate Exchange (CCX; parent company of the Chicago Climate Futures Exchange, European Climate Exchange and Insurance Futures Exchange) Chicago Mercantile Exchange (CME) Chicago Stock Exchange (CHX) Currenex (currency exchange) ICE (IntercontinentalExchange) ICE Futures US (formerly the New York Board of Trade) ICE International Currency Exchange is one of the largest and most respected retail currency exchange brands in the world, with an impressive 40 year history. [17] IntercontinentalExchange converted Winnipeg Commodity Exchange contracts to the IntercontinentalExchange platform. Following the completion of the transaction, Bakkt plans to acquire Bridge2 Solutions from ICE using proceeds from Bakkt's Series B round of funding. MERSCORP owns and operates the MERS System, a national electronic registry that tracks the changes in servicing rights and beneficial ownership interests in U.S.-based mortgage loans. Intercontinental Exchange, Inc. will provide reasonable accommodation to individuals with disabilities who need an accommodation to fully participate in the application process. ICE's ECX products comply with the requirements of the European Union Emission Trading Scheme. ... Give us a call or email, wherever you are in the world. ICE was formed in 2000 and he has served as the Chief Executive Officer since May 2000 and as Chairman of the Board since November 2002. In December 2012, ICE announced it would buy NYSE Euronext (this time without the involvement of Nasdaq) for $8.2 billion, pending regulatory approval. The new exchange increased price transparency, efficiency, liquidity, and had lower costs than manual trading. Established in 1915 as the New York Cotton Exchange Association, ICE Clear U.S. continues to build on more than a century of providing secure, capital-efficient counterparty risk management and post-trade services for ICE Futures U.S. agricultural, metals, currency, credit and equity index futures and options contracts. If you would like to request an accommodation, please contact ice-careers@theice.com. Foreign Exchange Euro/Ethiopian Birr (EURETB) +75. Using the ERIS methodology, we launched cash-settled futures ICE was the first to put industry credit groups on the Internet. See daily market data including closing price, total volume traded Approximately 70%-80% of European utility trades flow through its platform. Wherever your destination, at ICE we stock over 60 major & exotic currencies. With a vast product selection, our soft commodity markets offer leading producers in the agriculture industry a way to manage the price risk associated with crop production, weather patterns and changes in supply and demand. [36] The CMA's ruling against ICE was the first time CMA had required that a company sell an asset that it had already bought.[37]. ICE provides exchange trading and clearing services in a number of different markets. intercontinental exchange You may access ICE applications including WebICE using the login … View the latest ICE stock quote and chart on MSN Money. By 2010, Intercontinental Exchange had cleared more than $10 trillion in credit default swaps (CDS) through its subsidiaries, ICE Trust CDS (now ICE Clear Credit). © Copyright 2020 Intercontinental Exchange, Inc. [35] As a result, ICE sold Trayport to TMX Group in October 2017, in exchange for certain TMX Group assets and cash of £350 million. [17] IntercontinentalExchange maintained an office and "small core staff" in Winnipeg, Manitoba. I recognize that I can revoke this permission at any time by writing ICE staff at info@credentialingexcellence.org. Are Crypto Credit Cards Next? ICE will pay $335 million to acquire Simplifile, which is based in Provo, Utah and has no debt. ICE has offices in Atlanta, New York, London, Chicago, Bedford, Houston, Winnipeg, Amsterdam, Calgary, Washington, D.C., San Francisco, Tel Aviv, Hyderabad and Singapore. [31] Completion of the transaction was subject to regulatory approval and other customary closing conditions. At ICE, we pride ourselves on being a foreign exchange provider that you can count on. If you would like to request an accommodation, please contact ice-careers@theice.com. Futures, options and OTC markets and clearing houses, strategically designed to deliver global scale and local infrastructure across asset classes wherever our customers trade, invest or manage risk. Designed to be flexible and keep our customers ahead of the curve, our trading and risk management solutions include a diverse range of futures contracts including benchmarks in globally traded soft commodities, North American natural gas and power, equity indexes and FX. See our latest foreign exchange rates on over 60 currencies, including Dollars, Euros, Yen and more! In April 2010, ICE acquired Climate Exchange PLC for 395 million pounds ($622 million) and European Climate Exchange (ECX) as part of its purchase. [53], In January 2019, Bakkt announced that it had entered into an agreement to acquire certain assets of Rosenthal Collins Group (RCG), to close in February. In September 2014, ICE announced that it had agreed to acquire SuperDerivatives,[30] a provider of risk management analytics, financial market data and valuation services. [55] In September 2019 the exchange began trading of bitcoin futures. [42], In May 2018, ICE announced that it had entered into an agreement to acquire TMC Bonds LLC for $685 million in cash. The company expanded rapidly in 2007, acquiring the New York Board of Trade (NYBOT),[13] and ChemConnect (a chemical commodity market). North American natural gas is one of the most volatile publicly The transaction is expected to close in the second quarter of 2018, subject to regulatory approvals. [28] The boards of directors of both ICE and NYSE Euronext approved the acquisition, which took place in 2013. Sprecher's clearing house cleared their global credit default swaps (CDS) in exchange for sharing profits with these banks. Stock analysis for Intercontinental Exchange Inc (ICE:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. In October 2016 it announced its decision to require ICE to sell Trayport, having ruled that the merger could lead to a substantial lessening of competition. ", "Bitcoin Futures Launch Hits Regulatory Snag", "Bakkt Buys Certain Assets of Rosenthal Collins Group | Finance Magnates", "Bakkt acquires Digital Asset Custody Company, applies for NY trust company status", "NYSE Owner Launches Long-Awaited Bitcoin Futures", "Bakkt aims to turn your rewards points into a wallet you can spend anywhere", "Bakkt Announces Record-Breaking Bitcoin Futures Trading Volume", "Bakkt to go public via merger with SPAC VPC Impact Acquisition in deal with $2.1 billion enterprise value", "The Global Oil Scam: 50 Times Bigger than Madoff", Open outcry trading at CME Group fading into obscurity, Indonesia Commodity and Derivatives Exchange, https://en.wikipedia.org/w/index.php?title=Intercontinental_Exchange&oldid=1001628070, Financial services companies established in 2000, Companies listed on the New York Stock Exchange, Pages with non-numeric formatnum arguments, Articles with dead external links from November 2017, Articles with permanently dead external links, Short description is different from Wikidata, Wikipedia articles containing buzzwords from July 2019, Official website different in Wikidata and Wikipedia, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, ICE Futures Europe - one of the world's largest energy. In 2004, the Winnipeg Commodity Exchange had "closed its open-outcry trading floor" becoming "the first North American agricultural futures exchange to trade exclusively on an electronic platform" by trading via the "Chicago Board of Trade's electronic platform, and [using] clearing services from the Kansas City Board of Trade. ICE Futures Europe is the leading market for carbon dioxide (CO2) emissions. Welcome to the official SEVP and SEVIS website. The major acquisition and attempted acquisitions have included: In June 2001, ICE expanded its business into futures trading by acquiring the London-based International Petroleum Exchange (IPE), now ICE Futures Europe, which operated Europe's leading open-outcry energy futures exchange. The newly combined company will be renamed Bakkt Holdings, Inc. and will be listed on the New York Stock Exchange, where the business combination between Bakkt and VIH values the combined company at an enterprise value of approximately $2.1 billion. [2] In the late 1990s, Sprecher acquired Continental Power Exchange, Inc. with the objective of developing an Internet-based platform to provide a more transparent and efficient market structure for OTC energy commodity trading. Jeffrey C. Sprecher was a power plant developer who spotted a need for a seamless market in natural gas used to power generators. The two said the offer was a $2 billion (21%) premium over the Deutsche offer and that they had fully committed financing of $3.8 billion from lenders to finance the deal. Intercontinental Exchange, Inc. will provide reasonable accommodation to individuals with disabilities who need an accommodation to fully participate in the application process. [54] In April 2019, Bakkt announced that it had acquired Digital Asset Custody Company (DACC). While the company's original focus was energy products (crude and refined oil, natural gas, power, and emissions), acquisitions subsequently expanded its activity into soft commodities (sugar, cotton and coffee), foreign exchange and equity index futures. On September 23, 2019, Bitcoin will be able to be acquired.[12]. [59], American exchange and clearing house company, International Petroleum Exchange (IPE) 2001, Chicago Board of Trade unsuccessful bid 2007, TSX Group's Natural Gas Exchange Partnership 2008, Standard & Poor’s Securities Evaluations (SPSE) 2016, BofA Merrill Lynch Global Research Index Platform (BofAML) 2017, harv error: no target: CITEREFPopper2013 (, harv error: no target: CITEREFTerhune2010 (, International Swaps and Derivatives Association, Securities market participants (United States), "US SEC: Form 10-K Intercontinental Exchange, Inc", "Timeline: Growth of the IntercontinentalExchange", "Energy Market Manipulation and Federal Enforcement Regimes", "A Secretive Banking Elite Rules Trading in Derivatives", "ICE deal signals new clearing house for credit default swaps", "ICE's Jeffrey Sprecher: The Sultan of Swaps", "IntercontinentalExchange and New York Board of Trade Complete Merger", "Upstart ICE to buy Winnipeg exchange in $40 million deal | The Star", "Winnipeg Commodity Exchange rebranded ICE Futures Canada", "Upstart ICE to buy Winnipeg exchange in $40 million deal", "Intercontinental Exchange Annouces Acquisition of Credtix Group Inc", "NGX Physical Gas and Power Products Coming to ICE", "ICE cuts staff at Chicago Climate Exchange: sources", "Nasdaq and ICE Hold Talks Over Potential N.Y.S.E. Are Crypto Credit Cards Next? You can purchase travel money for home delivery, collection or buy a prepaid currency card with ICE. With over 320 branches worldwide, we operate in 20 countries, across four continents and can be found in more than 65 airports worldwide. the physical gas market. Dry Ice Market Scope: By type, the market is segmented into Dry Ice Pellet, Dry Ice Block, Dry Ice Slab & Sliceand Dry Ice Powder. [43], In October 2018, ICE announced that it had acquired the remaining equity of MERSCORP Holding, Inc., owner of Mortgage Electronic Registration Systems, Inc. (MERS). [14], IntercontinentalExchange Inc., the "upstart Atlanta-based energy bourse" purchased the privately held 120-year-old Winnipeg Commodity Exchange, known for its canola futures contract, for $40 million. Today ICE Clear Europe provides secure, capital efficient clearing, risk management and physical delivery services for ICE markets across interest rate, equity index, agricultural and energy derivatives, as well as European credit default swaps (CDS). Shares of Intercontinental Exchange (NYSE: ICE) moved higher by 11.79% in the past three months. ICE Data Services has offices in California, New York, Chicago, Bedford MA, London, Dublin, Tel Aviv, Hong Kong, Singapore, Tokyo, Hyderabad and Melbourne. The transaction completed on December 14, 2015. Currency converter. (Weitzman 2008)[9]. Dive deeper with interactive charts and top stories of INTERCONTINENTAL EXCHANGE, INC.. ICE Clear Europe was established in 2008 to provide central counterparty clearing services for ICE’s global energy markets. U.S. Immigration and Customs Enforcement’s (ICE) mission is to protect America from the cross-border crime and illegal immigration that threaten national security and public safety. Bull Market Weakness (+75) - EURETB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. In the absence of a central counterparty - which would guarantee pay-outs should a trading party be unable to do so - there was a high risk of massive market disruption. In April 2005, the entire ICE portfolio of energy futures became fully electronic and ICE closed International Petroleum Exchange's high profile and historic trading floor.[4]. No account required. We offer trade execution systems that provides market data and order routing to and from the world's principal exchanges. [33], Following the acquisition, the Competition and Markets Authority (CMA) called in the merger for review. The Intercontinental Exchange London Interbank Offered Rate (ICE LIBOR) is the average of the interest rates that some of the world’s leading banks charge each other for short-term loans. Organizations are encouraged to bring professionals ranging from new associates to C-level who are in specialty areas such as: About ICEInternational Currency Exchange. [20] Exchange-traded emissions products were first offered by the European Climate Exchange (ECX), which was established in 2005, by listing products on the ICE Futures Europe's trading platform. in 16 countries. As an initial component of the Bakkt offering, Intercontinental Exchange's U.S.-based futures exchange and clearing house plan to launch a 1-day physically delivered BTC contract along with physical warehousing in 2019, subject to CFTC review and approval, which was delayed. Upon the closing of the transaction, Creditex Group became a wholly owned subsidiary of ICE, operating under the Creditex name. traded commodities in the world. Euroclear is a leading provider of post-trade services, including settlement, central securities depositories and related services for cross-border transactions across asset classes. Discover UK showbiz and celebrity breaking news from the MailOnline. In June 2016 Intercontinental Exchange introduced the expanded ICE Data Services, which combined exchange data, valuations, analytics, and other software used by the New York Stock Exchange (NYSE), SuperDerivatives and Interactive Data (IDC). Our U.S. futures market for precious metals markets have been developed based on customer feedback to provide effective hedging solutions for bankers, jewelers, miners and retail traders. Kelly Loeffler served as Bakkt's CEO until her appointment to the United States Senate.[50]. In October 2017 ICE announced it has completed its acquisition. [11] ICE was also named to the Fortune 500 in June 2017 as the only exchange operator included in the ranking. Intercontinental Exchange (NYSE: ICE) is a Fortune 500 company and provider of marketplace infrastructure, data services and technology solutions to a broad range of customers including financial institutions, corporations and government entities. In 2014, ICE spun off Euronext, keeping NYSE and LIFFE, renaming it ICE Futures Europe.[29]. Here you can find the latest information and resources for F (academic) and M (vocational) students, as well as designated school officials (DSOs). [27][notes 1] Jeffrey Sprecher will retain his position as Chairman and CEO. In addition, the clearing house plans to create a separate guarantee fund that will be funded by Bakkt. 1 hour, 4 minutes ago. The terms of the agreement were not disclosed, and the transaction is expected to be completed in the second half of 2017. Over 7M customers. Upon closing, Simplifile, which has approximately 200 employees, will continue to be based in Provo and operate under the Simplifile name. "[21] Late in the month, Nasdaq was reported to be considering asking either ICE or the Chicago Mercantile Exchange (CME) to join in what would probably be an $11–12 billion counterbid for NYSE. MarketBeat's community ratings are surveys of what our community members think about Intercontinental Exchange and other stocks. ICE originally formed its ICE Data subsidiary in 2003, recognizing the rising demand for exchange data as markets became increasingly automated. In January 2008, ICE partnered with Canada's TSX Group's Natural Gas Exchange, expanding their offering to clearing and settlement services for physical OTC natural gas contracts.[19]. [22] On April 1, ICE and Nasdaq made an $11.3 billion offer which was rejected April 10 by NYSE. I understand that ICE dues are non-refundable. contracts that replicate the economics of credit default swaps. In August 2018 Intercontinental Exchange announced it was forming a new company Bakkt,[49] which is intended to leverage Microsoft online servers to manage digital assets. With a history of innovation in the credit derivatives space, we offer a capital-efficient way to trade credit in a regulated futures market. power. Environmental risk is an increasingly important component of business operations for energy intensive industries, and the trading of derivatives based on pollution reduction programs is a growing market. Intercontinental Exchange is a Fortune 500 company. On September 6, 2019, Bloomberg reported that ICE was growing closer to offering Bitcoin futures trading, as "its Bakkt unit opens its digital-asset custody warehouse today to customers." The ICE Virtual Exchange is designed for all levels of credentialing professionals in the public and private sectors. ICE also owns and operates six central clearing houses: ICE Clear U.S., ICE Clear Europe, ICE Clear Singapore, ICE Clear Credit, ICE Clear Netherlands and ICE NGX. [3][4], In May 2000, ICE was founded by Sprecher and backed by Goldman Sachs, Morgan Stanley, BP, Total, Shell, Deutsche Bank and Société Générale.[5][6]. This includes ICE futures exchanges in the United States, Canada and Europe, the Liffe futures exchanges in Europe, the New York Stock Exchange, equity options exchanges and OTC energy, credit and equity markets. ICE Clear U.S. » Established in 1915 as the New York Cotton Exchange Association, ICE Clear U.S. continues to build on more than a century of providing secure, capital-efficient counterparty risk management and post-trade services for ICE Futures U.S. agricultural, metals, currency, credit and equity index futures and options contracts. Bakkt was said to be working with Boston Consulting Group (BCG), Microsoft, Starbucks, and others to create a software platform. The Bakkt ecosystem is expected to include federally regulated markets and warehousing along with merchant and consumer applications. Intercontinental Exchange has had a policy to grow through the acquisition of other exchanges, a number of these have been successful while others have failed due to concerns by regulators or others that the new company would have created a monopoly situation. Our stores. With the broadest range of North American natural gas and power futures and options, our energy complex includes hundreds of contracts, such as Henry Hub natural gas and ERCOT and PJM power hubs. Its first use cases will be for trading and conversion of Bitcoin (BTC) versus fiat currencies. Upon closing, the indices will be re-branded as the ICE BofAML indices. [41] BondPoint is an integrated, automated platform offering additional fixed income execution services and one of the broadest sets of fixed income instruments. In May 2019, ICE announced that it had agreed to acquire Simplifile, LC. The Manitoba Securities Commission oversee its operations.[17]. The Intercontinental Exchange (ICE) is an American Fortune 500 company formed in 2000 that operates global exchanges, clearing houses and provides mortgage technology, data and listing services. Vote “Outperform” if you believe ICE will outperform the S&P 500 over the long term. Another week later, ICE and Nasdaq sweetened their offer, including a $.17 increase per share to $42.67 and a $350 million breakup fee if the deal were to encounter regulatory trouble. Nasdaq was valued at $5.78 billion, while ICE was valued at $9.45 billion. Flow through its platform include federally regulated markets and warehousing along with merchant and consumer.! For sharing profits with these banks continue to lead across the equity derivatives space, we launched Futures. 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