Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, which it acquired in 2013, ICE operates a large derivatives exchange, too. The company's largest commodity futures product is the ICE Brent crude futures contract. In addition to the exchanges business, which is about 54% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (22% of net revenue) and fixed-income and data services segment (24% of net revenue).

Intercontinental Exchange, Inc.

ICE (Intercontinental Exchange) is a company that provides data, technology, and expertise to inspire innovation and create opportunity in financial markets.

NYSE

SuperDerivatives

Simplifile

ICE Digital Trade (formerly essDOCS)

BondEdge

ICE (NYSE: ICE) connects people to data, technology and expertise that create opportunity and inspire innovation.

UJ Ventures

Quest Venture Partners

Rivet Ventures

Maveron

Christian Friedland

Kevin Chou

Niraj Shah

Polaris Partners

VTF Capital

ICYMI, ICE announced plans to apply its proven track record and expertise in central clearing and fixed income to launch a clearing service for all U.S. Treasury securities and repurchasing agreements. 

Learn more:
https://lnkd.in/ekKt9BRG

The municipal bond market is in the early innings of a digital evolution, poised for innovation and increased adoption of electronic trading. It was great sharing my perspective with Amanda Albright from Bloomberg on the promise of muni portfolio trading as we continue to see improvements to technology and the increasing electronification of the muni market. Read more below.

"ICE is proud to work alongside companies like ADNOC Group, whose vision is a future where growth and environmental responsibility can go hand in hand." - Lynn Martin, NYSE President
 
The second Global Sustainability Forum might be over, but the education doesn't stop. Check out ADNOC's 2023 sustainability report for the latest data around providing energy while protecting our environment: https://lnkd.in/eFbtnBiY
 
Big thanks to ADNOC, Ibrahim Al-Zu'bi and the CSO Network for the collaboration on making this year's event the best yet!

The momentum continues.. Pleased to report a very strong quarter across the ICE European Power portfolio in Q2. Key indicators such as Average Daily Volume (ADV), Open Interest (O.I.) and daily trading participation have all shown strong growth in Q2 and confirming the positive trend in ICE European Power trading. 

- Record ADV across the entire European Power portfolio in Q2
- A new O.I record for European Power Futures & Options combined with just over 128,000 lots at the end of the quarter
- Screen liquidity in German Power Futures +193% in Q2 vs Q1 and record average daily participation in June
- A new O.I. record in German Power Options with just under 80,000 lots at the end of the quarter
- UK Power Futures ADV +16% YTD vs. LYTD, O.I. +34% and record average daily participation

Furthermore, increasingly trading participants from across the globe find their way to ICE to trade ICE European Power Futures and Options, often trading and clearing it together with other ICE global energy benchmark contracts as #TTF #Brent and #EUA. Watch my Q2 update below. 

www.ice.com/energy 

#ice #homeofglobalenergy #europeanpower

May mortgage data is out, and the numbers hint at a potential tipping point in the refinance sphere.

ICE's latest Mortgage Monitor report, published this morning, shows a noticeable spike among loans originated over the past two years with rates of exactly 6.875% — perhaps more due to the psychological appeal of having a mortgage rate with a 6 on the front rather than rate or savings dynamics. In fact, 690,000 vintage loans from 2022-2024 are at rates just below 7%, and more than 4 million first lien mortgages originated since 2022 have 30-year rates above 6.5%.
 
Why is that so important?
 
Because from a refinance perspective, it's that spike of borrowers with mortgages in the high 6% rate range who are likely to move the needle toward more meaningful, albeit still historically modest, refinance volumes if and when rates ease. What's more, the dynamics in refi activity (cash-out vs. rate/term) have shifted slightly as well.
 
Read the full report here for more detail: https://lnkd.in/gKQgYz6Z

Think you've got the brains to crack the code? Join the ICE Hackathon 2024, in partnership with T-Hub, a 24-hour epic challenge designed to push your limits and unearth the brightest minds in cybersecurity.

Here's what awaits you:

💰 Compete for a whopping ₹1.75 Lakh prize pool!
👨‍💻 Launch your cybersecurity career with ICE!
🤝 Network with industry experts and fellow hackers!
⚙ Sharpen your skills in a fun and competitive environment!

We invite college students who are passionate about cybersecurity (individuals or teams of 3).

Innovate in password cracking while championing fair play.

🔗 Register now to be in for the thrill: https://lnkd.in/g2GvJNNv


Steve P. | Ashwini Panse | Yuvaraju Atmakuri | Rajesh D (Raj) | Vishnu Teja T | Rahul Krishna | Ashia Avasthi | Anvesh Nandamuru

#InnovationEcosystem #InnovatewithTHub #ICE #Hackathon #Coding

COM:ICE