ICE Launches Index to Track Performance of New Listings on the New York Stock Exchange
Facilitates Passive Investment in New Listings on NYSE Exchanges
Includes 81 listings during the previous three years
"This new index facilitates investment in the performance of NYSE-listed companies shortly after their arrival to the market. It combines the power of the NYSE and the quality of companies that choose to list here with ICE’s robust index business,” said Lynn Martin, President of NYSE Group. “The NYSE continues to be the premier venue for companies seeking access to capital markets, with companies choosing the NYSE historically outperforming companies debuting on other exchanges in the weeks, months and years following their listing day.”
ICE provides a broad range of indices across asset classes, with approximately
“The index and methodology offer investors a unique benchmark for the market performance of companies newly listed on the NYSE,” said Preston Peacock, Head of ICE Data Indices. “It leverages our extensive experience of bringing new indices to market, including the initial idea through to launching the index, and in many cases working with partners on the issuance of an ETF.”
The NYSE® IPO Index is an equally-weighted index designed to track the performance of IPOs and other newly-listed companies with a minimum market cap of
For more information about the NYSE® IPO Index, please visit indices.ice.com.
About Intercontinental Exchange
NYSEIPO is administered by ICE Data Indices, LLC. Additional, important information regarding the index, including methodology and limitations, is available at indices.ice.com.
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the SEC on February 8, 2024.
Category: Fixed Income and Data Services
SOURCE: Intercontinental Exchange
ICE-CORP
View source version on businesswire.com: https://www.businesswire.com/news/home/20250121449363/en/
ICE Media Contact:
Damon Leavell
damon.leavell@ice.com
(212) 323-8587
ICE Investor Contact:
Katia Gonzalez
katia.gonzalez@ice.com
(678) 981-3882
investors@ice.com
Source: Intercontinental Exchange, Inc.
