Intercontinental Exchange Inc (ICE) |
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Price: $134.4000
$-0.24
-0.178%
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Day's High:
| $135.54
| Week Perf:
| -1.89 %
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Day's Low: |
$ 135.09 |
30 Day Perf: |
-1.82 % |
Volume (M): |
72 |
52 Wk High: |
$ 140.43 |
Volume (M$): |
$ 9,676 |
52 Wk Avg: |
$115.84 |
Open: |
$134.21 |
52 Wk Low: |
$95.66 |
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Market Capitalization (Millions $) |
75,957 |
Shares
Outstanding (Millions) |
565 |
Employees |
8,858 |
Revenues (TTM) (Millions $) |
10,222 |
Net Income (TTM) (Millions $) |
2,438 |
Cash Flow (TTM) (Millions $) |
-69,593 |
Capital Exp. (TTM) (Millions $) |
489 |
Intercontinental Exchange Inc
We operate the leading electronic global futures and over-the-counter, or
OTC, marketplace for trading a broad array of energy products as well as the
leading global soft commodities exchange. We are the only marketplace to offer
an integrated electronic platform for side-by-side trading of energy products
in both futures and OTC markets. Through our electronic trading platform, our
marketplace brings together buyers and sellers of derivative and physical commodities
contracts. Our electronic platform increases the accessibility and transparency
of the global commodities markets in which our customers participate, and enhances
the speed and quality of trade execution. We also offer open-outcry trading
in NYBOT’s regulated futures and options markets, including soft commodities,
foreign exchange and equity and commodity indices. The open architecture of
our business model — meaning our ability to offer centralized access to
trading in regulated futures markets and in OTC contracts on a cleared or bilateral
basis through multiple interfaces, combined with access to clearing —
allows our participants to optimize their trading operations.
We conduct our OTC business directly as an Exempt Commercial Market under the
Commodity Exchange Act, and we conduct our regulated energy futures business
through our wholly-owned subsidiary, ICE Futures. ICE Futures is the largest
energy futures exchange outside of North America, as measured by 2006 traded
contract volumes. Following the completion of our acquisition of NYBOT on January
12, 2007, we conduct our regulated soft commodities and financial futures and
options markets through NYBOT, which owns the New York Clearing Corp., or NYCC,
a clearing house. We also offer a variety of market data services for both energy
futures and OTC markets through ICE Data, our market data subsidiary.
We operate diverse markets that are globally accessible, promote price transparency
and offer participants the opportunity to trade a variety of energy and soft
agricultural commodities and financial products. Our core products include contracts
based on crude and refined oil products, natural gas and power, and emissions,
as well as sugar, cotton, coffee, cocoa and orange juice along with foreign
exchange and index products. Our derivative and physical products provide participants
with a means for managing risks associated with changes in the prices of these
commodities, asset allocation, ensuring physical delivery of select commodity
products, speculation and arbitrage. The majority of our trading volume is financially,
or cash, settled, meaning that settlement is made through cash payments based
on the value of the underlying commodity, rather than through physical delivery
of the commodity itself.
Regulated futures and options markets offer trading in standardized derivative
contracts. OTC markets offer trading in over-the-counter derivative contracts,
including contracts that provide for the financial settlement based on the prices
of underlying commodities and contracts that provide for the physical delivery
of an underlying commodity. All futures and cleared OTC contracts are cleared
through a central clearing house. We offer OTC contracts that can be traded
on a bilateral basis and certain OTC contracts that can be traded on a cleared
basis. Bilateral contracts are settled between counterparties, while cleared
contracts are novated to a clearing house, where they are marked to market and
margined daily before final settlement at expiration. We do not take proprietary
trading positions in derivatives contracts on commodities and other financial
instruments in our markets.
We operate our futures and OTC markets for energy commodities exclusively on
our electronic platform, and we currently offer NYBOT’s markets on both
our electronic platform and through the trading floor based in New York. We
believe that electronic trading offers substantial benefits to market participants.
In contrast to alternate means of trade execution, market participants executing
trades electronically on our platform are able to achieve price improvement
and cost efficiencies through greater transparency and firm posted prices, reduce
trading errors and reduce the need for market intermediaries. In addition to
trade execution, our electronic platform offers a comprehensive suite of trading-related
services, including electronic trade confirmation, access to clearing services
and risk management functionality. Our trading-related services are designed
to support the trading operations of our participants. Through our electronic
platform, we facilitate straight-through processing of trades, with the goal
of providing seamless integration of front-, back- and mid-office trading activities.
Our Principal Competitors
Currently, our principal competitors include exchanges such as the New York
Mercantile Exchange, or NYMEX, the Chicago Mercantile Exchange, or CME, and
London International Financial Futures and Options Exchange, or LIFFE, which
is now part of Euronext. In April 2006, NYMEX and CME announced that they had
entered into a definitive technology services agreement under which CME, through
CME Globex, is the exclusive electronic trading services provider for NYMEX’s
energy futures and options contracts. Recently, the volume of NYMEX energy futures
contracts traded through Globex has surpassed the volume of NYMEX energy futures
contracts traded on its open-outcry market. Among its primary products, NYMEX
offers trading in a WTI light sweet crude oil futures contract and a Henry Hub
natural gas futures contract. In addition, we currently compete with:
• voice brokers active in the commodities markets;
• other electronic trading energy platforms; and
• market data vendors.
Company Address: 5660 New Northside Drive Atlanta 30328 GA
Company Phone Number: 857-4700 Stock Exchange / Ticker: NYSE ICE
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Next quarterly dividend pay out on March 29, 2024. |
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Customers Net Income fell by |
ICE's Customers Net Profit Margin fell to |
-36.92 % |
6.57 %
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Stock Performances by Major Competitors |
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Contract
Published Mon, Mar 18 2024 2:00 PM UTC
Coviance, a lending experience platform aimed at transforming lending automation and enhancing borrower experiences, has announced its integration with Encompass by ICE Mortgage Technology. This integration brings together Coviance's advanced platform with Encompass, a product of ICE (Intercontinental Exchange Inc), which is a global data, technology, and market infrastructu...
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Product Service News
Published Mon, Mar 11 2024 12:00 PM UTC
The global provider of technology and data, Intercontinental Exchange Inc. (ICE), has recently made significant strides in expanding its equity derivatives complex. The company has launched MSCI Index Total Return Futures (TRFs), offering investors exposure to MSCI's flagship indices: MSCI EAFE Index, MSCI Emerging Markets Index, MSCI USA Index, and MSCI World Index. These T...
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Business Update
Published Tue, Mar 5 2024 1:30 PM UTC
Intercontinental Exchange Reports Strong Trading Volume and Revenue Growth in February 2024Intercontinental Exchange (ICE), a global provider of technology and data, has announced its trading volume and revenue statistics for February 2024. The company reported positive results, with a 19% year-on-year increase in total average daily volume (ADV) and a 21% increase in open i...
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Product Service News
Published Thu, Feb 29 2024 1:30 PM UTC
ICE Benchmark Administration Provides Update on the Cessation of Sterling LIBORIn a recent update, ICE Benchmark Administration Limited (IBA), the authorized administrator of LIBOR, has announced the cessation of sterling LIBOR. The announcement comes in line with feedback from a June 2022 consultation and previous statements by the U.K. Financial Conduct Authority (FCA), w...
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Financing Agreement
Published Thu, Feb 29 2024 12:15 AM UTC
Intercontinental Exchange, Inc. (NYSE: ICE) has announced the expiration and results of its consent solicitation regarding the 3.625% Senior Notes due 2028 issued by Black Knight InfoServ, LLC. This solicitation aimed to amend the terms of the BK Notes and the related indenture. Additionally, ICE's income per employee decreased in the fourth quarter of 2023, reaching $275,23...
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Per Share |
Current |
Earnings (TTM) |
4.2 $ |
Revenues (TTM) |
18.09 $
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Cash Flow (TTM) |
- |
Cash |
142.28 $
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Book Value |
45.63 $
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Dividend (TTM) |
1.7 $ |
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Per Share |
|
Earnings (TTM) |
4.2 $
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Revenues (TTM) |
18.09 $ |
Cash Flow (TTM) |
- |
Cash |
142.28 $
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Book Value |
45.63 $ |
Dividend (TTM) |
1.7 $ |
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Transactions |
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Segment |
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of total Revenue |
North American natural gas futures |
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Segment |
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of total Revenue |
ICE Brent Crude futures options contracts |
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Segment |
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of total Revenue |
ICE Gasoil futures options contracts |
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Segment |
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of total Revenue |
North American power futures options contracts |
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Segment |
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of total Revenue |
Sugar futures options contracts |
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Segment |
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of total Revenue |
ICE emission futures options contracts |
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Segment |
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of total Revenue |
Credit default swaps contracts |
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Segment |
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of total Revenue |
Other Transactions |
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Segment |
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of total Revenue |
Market Data |
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Segment |
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of total Revenue |
Other |
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Segment |
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of total Revenue |
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Company Estimates |
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• Revenue Outlook
Intercontinental Exchange Inc does not provide revenue guidance.
• Earnings Outlook
Intercontinental Exchange Inc does not provide earnings estimates.
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Intercontinental Exchange Inc's Operating Statistics
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Decrease / Increase
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North American natural gas futures traded (thousands) |
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North American power futures traded (thousands) |
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Global oil futures traded (thousands) |
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Gasoil futures traded (thousands) |
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Sugar futures traded (thousands) |
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ICE emission futures options traded (thousands) |
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Russell Index futures options traded (thousands) |
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Other futures options traded (thousands) |
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Energy futures options rate per contract ($) |
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Agricultural futures options rate per contract ($) |
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Financial futures options rate per contract ($) |
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Open interest futures & options contracts (thousands) |
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