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 (NYSE: ICE) serves as a cornerstone of global financial infrastructure, operating premier markets including the New York Stock Exchange. This news hub provides investors and professionals with essential updates across ICE's exchange operations, data services, and mortgage technology solutions.
Track critical developments including regulatory changes, strategic partnerships, and technology innovations shaping financial markets. Our curated collection features earnings reports, market infrastructure updates, and insights into ICE's fixed income analytics platforms.
Discover timely information on ICE's three core segments: exchange network operations, data & risk management services, and electronic mortgage trading solutions. Stay informed about developments impacting derivatives markets, commodity trading, and real-time pricing data services.
Bookmark this page for direct access to verified ICE announcements and third-party analysis. Regularly updated content ensures you maintain awareness of institutional-grade market infrastructure changes affecting portfolio strategies and risk assessment frameworks.
Intercontinental Exchange (NYSE: ICE) has announced the launch of the beta version of ICE SONIA Indexes via its Benchmark Administration. These indexes aim to simplify the calculation of SONIA compound interest for the UK lending market, featuring a 0% floor to mitigate negative interest rate risks. The methodology supports various lookback options and provides daily values even on non-business days. The ICE SONIA Indexes are expected to go live for financial instruments in April 2021.
Intercontinental Exchange (NYSE: ICE) reported impressive trading volume and revenue statistics for February 2021, showcasing record achievements across various contracts. Significant highlights include:
- Record futures open interest of 47.1 million contracts on February 22
- Brent futures open interest up 8% year-over-year
- RBOB gasoline open interest increased by 18% year-over-year
- Heating oil open interest surged by 49% year-over-year
- Record SONIA average daily volume up 562%
The full report can be accessed on ICE's investor relations website.
Intercontinental Exchange (NYSE: ICE) announces the retirement of CFO Scott Hill, effective May 14, 2021, after a 14-year tenure marked by a 16% compound annual growth rate in adjusted earnings per share. Warren Gardiner, previously Vice President of Investor Relations, will take over as CFO post the Annual Meeting. Hill will assist in the transition until the end of 2021 and remain an advisor until February 2023. The leadership change aims to continue ICE's growth trajectory and enhance financial reporting for stakeholders.
Intercontinental Exchange (NYSE:ICE) announced the UK’s new Emissions Trading Scheme (ETS) auction calendar, with the first auction set for May 19, 2021, pending regulatory approval. ICE will host these auctions for the UK Government's Department for Business, Energy and Industrial Strategy. ICE plans to launch UK Allowance (UKA) Futures contracts on the same date, with UKA Daily Futures following on May 21, 2021. The UK ETS aims to enhance climate goals, building on the success of the previous EU system, with carbon trading on ICE reaching over 14 gigatonnes annually.
Intercontinental Exchange (NYSE: ICE) reports significant growth in its Marine Fuel and Wet Freight sectors, driven by the International Maritime Organization's sulphur cap regulation. Following the cap's implementation in January 2020, ICE launched over 15 cash-settled Marine Fuel contracts, leading to record Open Interest of over 270 million barrels and a 115% year-over-year increase in traded volumes. Wet Freight also hit records, exceeding 106,000 lots. This growth indicates a rising demand for hedging tools among customers, reinforcing ICE’s position in the global maritime market.
Intercontinental Exchange (NYSE:ICE) is set to launch Murban Crude Oil futures on March 29, 2021, pending regulatory approval. This innovative product will allow for physical delivery two months ahead, starting with the June contract. ADNOC will base its Official Selling Price for Murban Crude on this futures contract from June 2021. The addition of these futures is anticipated to provide significant benefits to the energy market by enabling effective hedging against Murban price risks, enhancing market liquidity, and aligning with global crude pricing mechanisms.
Intercontinental Exchange (NYSE:ICE) announced that its Chief Financial Officer, Scott Hill, will present at the Raymond James 42nd Annual Institutional Investors Conference on March 3 at 11:40 a.m. EST. This presentation aims to discuss the company's recent developments and financial outlook. Investors can access the live presentation and replay through the Investors section on ICE's official website, www.theice.com.
Intercontinental Exchange (NYSE:ICE) announced record Total Futures Open Interest on February 19, 2021, reaching approximately 2.76 million contracts for its Brent crude oil futures, the highest ever, surpassing the previous record from April 2020. Additionally, the Three Month Short Sterling contract set a record with over 19.9 million contracts across Futures and Options. These milestones demonstrate the robust liquidity of ICE's global futures network, enhancing risk management solutions in energy and interest rate markets.
In January 2021, interest rates on closed loans decreased to 2.88%, down from 2.93% in December. Rates fell across all loan types, with 30-year conventional rates at 2.91% and FHA loans dropping to 2.86%. The percentage of refinances surged to 67%, up from 60% the previous month. Average FICO scores rose slightly to 752, while conventional refinance scores increased to 764. The time to close remained steady at 58 days.
FAQ
What is the current stock price of Intercontinental Exchange (ICE)?
What is the market cap of Intercontinental Exchange (ICE)?
