International network of exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) today announces a set of changes to its management ranks. Ben Jackson, President and COO of ICE Futures U.S., has been appointed as ICE’s Chief Commercial Officer. In this newly established role, Mr Jackson will be responsible for leading the integration planning and execution…
Read moreIntercontinental Exchange Inc (NYSE:ICE), an international operator of exchanges and clearing houses, has managed to end 2015 on a positive note – at least, this is suggested by the robust FX trading numbers that the company has just reported for December 2015. Average daily volumes for FX&Credit exchange-traded contracts amounted to 47,000 contracts in December…
Read moreIn tune with an earlier announcement, international network of exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) today said it completed the $5.2 billion acquisition of Interactive Data Corporation (Interactive Data), a provider of financial market data, analytics and related trading solutions. Following the deal completion, Interactive Data becomes a wholly-owned subsidiary of ICE. Interactive…
Read moreInternational network of exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) has joined CME Group Inc (NASDAQ:CME) in reporting crude oil volume records amid heightened market volatility. ICE announced today that ICE Futures Singapore set a daily volume record in mini Brent Crude futures, as 14,188 such contracts were traded on December 9, 2015. Since…
Read moreInternational network of exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) has just provided an update regarding the acquisition of Interactive Data Corporation (Interactive Data), which was initially unveiled in October this year. ICE said today that it has secured all necessary regulatory approvals and now expects to close the deal on or around December…
Read moreIntercontinental Exchange Inc (NYSE:ICE), an international operator of exchanges and clearing houses, has just published its operating metrics for November 2015. Unlike the majority of the industry, ICE managed to see a rise in Forex volumes last month compared to October 2015. In annual terms, however, the situation was less rosy and Forex volumes staged…
Read moreInternational network of exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) on Thursday said it priced an underwritten public offering of $2.5 billion in new senior notes, with the proceeds to be used for funding the cash part of the acquisition of Interactive Data Corporation, announced last month. The senior notes comprise $1.25 billion in…
Read moreIn tune with plans unveiled earlier this year, Intercontinental Exchange Inc (NYSE:ICE) today announced the successful launch of trading and clearing for ICE Futures Singapore and ICE Clear Singapore. The venues started operating on Tuesday, November 17, 2015. During the first day of operations, a total volume of 8,847 contracts across energy, gold and FX…
Read moreMore news on the M&A front, as BGC Partners, Inc. (NASDAQ:BGCP) and its majority-owned division GFI Group Inc. have just announced an agreement to sell Trayport, a provider of trading and aggregation software in the global OTC energy and commodities markets, to Intercontinental Exchange Inc (NYSE:ICE). The GFI sellers will receive $650 million in ICE…
Read moreIntercontinental Exchange Inc (NYSE:ICE), an international operator of exchanges and clearing houses, has just added its voice to the chorus of companies reporting lower trading volumes for October 2015. ICE registered steep decreases in Forex volumes in both annual and monthly terms. Average daily volumes for FX&Credit exchange-traded contracts amounted to 33,000 contracts in October…
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