A leading operator of global exchanges and clearing houses and a provider of data and listings services. The company was founded in 2000 and has since grown through a series of acquisitions to become one of the largest exchange operators in the world. Key points about ICE:
- Exchanges: ICE operates several major exchanges, including:
- New York Stock Exchange (NYSE), which ICE acquired in 2013
- ICE Futures U.S., ICE Futures Europe, and ICE Futures Singapore, which are futures and options exchanges
- ICE Futures U.S. OTC (over-the-counter) Energy, which is an electronic trading platform for energy commodities
- Clearing houses: ICE operates several clearing houses that provide clearing and settlement services for trades executed on its exchanges and for OTC transactions. These clearing houses include ICE Clear U.S., ICE Clear Europe, ICE Clear Singapore, and ICE Clear Credit.
- Data services: ICE provides market data and analytics services through its ICE Data Services division. This includes real-time and historical pricing data, reference data, and analytics tools for various asset classes, such as equities, fixed income, and commodities.
- Listings services: ICE offers listings services for companies seeking to go public or raise capital through the NYSE. The NYSE is known for its stringent listing requirements and its prestige as a global listing venue.
- Acquisitions: ICE has grown significantly through acquisitions. In addition to its acquisition of the NYSE in 2013, ICE has also acquired other major exchanges and data providers, such as the American Stock Exchange (AMEX), Interactive Data Corporation (IDC), and SuperDerivatives.
- Regulation: As an exchange operator, ICE is subject to regulation by various authorities, including the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Financial Conduct Authority (FCA) in the United Kingdom.
ICE plays a significant role in the global financial system by providing the infrastructure and services necessary for the trading, clearing, and settlement of a wide range of financial instruments and the data and analytics market participants need to make informed decisions.
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