A follow-up to LeapRate's earlier report about Intercontinental Exchange Inc (NYSE:ICE) considering a bid for London Stock Exchange Group Plc (LON:LSE)... ICE today announces that it has no current intention to make an offer for LSEG. ICE stated that following due diligence on the information made available, it determined that there was insufficient engagement to confirm…
Read moreA follow-up to LeapRate's earlier report about the investigation by the Competition and Markets Authority (CMA) of the acquisition of Trayport by Intercontinental Exchange Inc (NYSE:ICE)... Last week, the CMA said that it would refer the merger for an in-depth investigation unless Intercontinental Exchange (ICE) offered necessary undertakings to address the CMA’s competition concerns. The regulator…
Read moreThe UK Competition and Markets Authority (CMA) today announces its decision that the merger of Intercontinental Exchange Inc (NYSE:ICE) and Trayport has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom. As a result, the merger will be referred for a phase 2…
Read moreInternational operator of exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) today announced a new addition to the list of participants in the ICE Benchmark Administration (IBA) gold auction. IBA has approved the Industrial and Commercial Bank of China (ICBC) to participate in the gold auction, which is used to determine the LBMA Gold Price,…
Read moreOperator of exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) has earlier today posted its key operating metrics for February 2016, with Forex volumes continuing the slide exhibited in January 2016. Average daily volumes for FX&Credit exchange-traded contracts amounted to 33,000 contracts, down 15.4% from the result of 39,000 contracts registered in January 2016. The…
Read moreOperator of global exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) on Tuesday announced it is expanding its data and valuation business through the acquisition of two assets under the S&P Global Market Intelligence business unit, from McGraw Hill Financial Inc (NYSE:MHFI). ICE has entered into a definitive agreement to acquire provider of fixed income…
Read moreOperator of international exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE), which earlier today confirmed it was considering an approach for London Stock Exchange Group Plc (LON:LSE), has just unveiled a couple of management appointments. ICE announced that David Farrell, Senior Director, Global Soft Commodity Operations, has been promoted to Chief Operating Officer (COO) of…
Read moreInternational operator of exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) announced today that ICE Clear Canada has secured recognition as a third-country central counterparty (CCP) under the European Market Infrastructure Regulation (EMIR). ICE Clear Canada, which is regulated by the Manitoba Securities Commissions under the provisions of the Commodity Futures Act, has been added…
Read moreOperator of global exchanges and clearing houses and provider of data and listings services Intercontinental Exchange Inc (NYSE:ICE) has just published its financial report for the full year to December 31, 2015. The company reported total revenues of $4.68 billion for 2015, up 7.6% from the result of $4.35 billion reported in 2014. Net income…
Read moreIntercontinental Exchange Inc (NYSE:ICE), an international operator of exchanges and clearing houses, has just posted its operating metrics for January 2016, and although the company managed to see a decent rise in total futures and options volumes, FX volumes lagged behind in monthly and annual terms. Average daily volumes for FX&Credit exchange-traded contracts amounted to…
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