Intercontinental Exchange, Inc., together with its subsidiaries, operates regulated exchanges, clearing houses, and listings venues for commodity, financial, fixed income, and equity markets in the United States, the United Kingdom, the European Union, Singapore, Israel, and Canada. It operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The company operates marketplaces for listing, trading, and clearing an array of derivatives contracts and financial securities, such as commodities, interest rates, foreign exchange, and equities, as well as corporate and exchange-traded funds; trading venues, including 13 regulated exchanges and 6 clearing houses; and offers futures and options products for energy, agricultural and metals, financial, cash equities and equity, over-the-counter, and other markets, as well as listings and data and connectivity services. It also provides fixed income data and analytic, fixed income execution, CDS clearing, and other multi-asset class data and network services. In addition, the company offers proprietary and comprehensive mortgage origination platform, which serves residential mortgage loans; closing solutions that provides customers connectivity to the mortgage supply chain and facilitates the secure exchange of information; data and analytics services; and Data as a Service for lenders to access data and origination information. Intercontinental Exchange, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.

Intercontinental Exchange, Inc.

DeftHedge is a SaaS platform that manages currency and commodity risks. The platform enables finance professionals to efficiently oversee their exposure to foreign exchange and commodities.

DeftHedge

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers other payment-related products and services. The company offers integrated products and value-added services for account holders, merchants, financial institutions, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; prepaid programs and management services; commercial credit and debit payment products and solutions; and payment products and solutions that allow its customers to access funds in deposit and other accounts. It also provides value-added products and services comprising cyber and intelligence solutions for parties to transact, as well as proprietary insights, drawing on principled use of consumer, and merchant data services. In addition, the company offers analytics, test and learn, consulting, managed services, loyalty, processing, and payment gateway solutions for e-commerce merchants. Further, it provides open banking and digital identity platforms services. The company offers payment solutions and services under the MasterCard, Maestro, and Cirrus. Mastercard Incorporated was founded in 1966 and is headquartered in Purchase, New York.

Wells Fargo

Mastercard Incorporated

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).

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

Metric
Company Name	Intercontinental Exchange, Inc.	DeftHedge	Mastercard Incorporated
Symbol	ICE		MA
MSH ID	COM:ICE	COM:DEFTHEDGE	COM:MASTERCARD
Market	STOCKS	PRIVATE	STOCKS
Sector	Financial Services	Commercial & Professional Services	Financial Services
Industry	Financial - Data & Stock Exchanges	Financial Technology	Financial - Credit Services
Country	US	FR	US
Stage		Seed
Employee Count	13.23K		33.40K
Website	ice.com	defthedge.com	mastercard.com
LinkedIn	icemarkets		mastercard
Founders

Metric
Market Cap	82.83B		400.02B
Enterprise Value
Monthly Web Traffic		1.11K	14.01M
Web Traffic Growth		2.15	-0.08
Valuation
Raised Capital		966.21K

Metric
Revenue	9.90B	25.10B
Revenue (LTM)
Revenue (NTM)
Gross Profit	5.66B	25.10B
EBITDA	5.19B	13.86B
Operating Income	3.69B	14.01B
Net Income	2.37B	11.20B
EPS	4.20	11.86
Diluted EPS	4.19	11.83
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.64	0.87
Operating Profit Margin	0.38	0.58
EBITDA Margin	0.52	0.55
Net Profit Margin	0.24	0.46
Return on Equity	0.10	1.86
Return on Assets	0.02	0.29
Return on Capital Employed	0.08	0.58

COM:ICE

ICE

Last Close

158.35

22/11 21:00

Market Cap

86.30B

Beta: -

Volume Today

2.08M

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	41.77	38.16
P/B Ratio	2.99	61.66
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	9.05	17.94
EV Multiple	13.78	28.85

Metric
Days Sales Outstanding	103.91	59.04
Days Payables Outstanding	78.21	67.74
Days Inventory Outstanding	6.90K	111.83
Operating Cycle	7.01K	170.87
Cash Conversion Cycle	6.92K	120.32
Asset Turnover	0.08	0.62

Metric
Operating Cash Flow	3.54B	11.98B
Free Cash Flow	3.05B	11.61B
Cash Flow to Debt	0.18	0.78
Operating Cash Flow/Sales	0.38	0.48
Free Cash Flow Yield	0.04	0.03

Metric
Cash & Equivalents	899M	8.59B
Accounts Receivable	-71M	-506M
Inventory	80.19B
Goodwill	30.55B	7.66B
Debt to Capitalization	0.47	0.69
Debt to Assets	0.15	0.37
Current Ratio	1.10	1.17
Quick Ratio	1.01	1.14

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.02	0.02
R&D to Revenue
SG&A to Revenue	0.05	0.36