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Intercontinental Exchange Inc (ICE.N)

ICE.N on New York Stock Exchange

59.83USD
4:01pm EDT
Change (% chg)

$0.43 (+0.72%)
Prev Close
$59.40
Open
$59.23
Day's High
$60.04
Day's Low
$59.19
Volume
671,202
Avg. Vol
736,645
52-wk High
$61.97
52-wk Low
$45.88

Latest Key Developments (Source: Significant Developments)

Intercontinental Exchange issues statement on Competition Appeal Tribunal's Trayport ruling
Monday, 6 Mar 2017 01:10pm EST 

Intercontinental Exchange Inc : Intercontinental Exchange statement on Competition Appeal Tribunal's Trayport ruling . Intercontinental Exchange Inc- Will review CAT's judgment and consider our options, including possibility of a further appeal to court of appeal . Says "disappointed by CAT'S ruling on other aspects of our appeal" .Intercontinental Exchange Inc- In interim, Trayport will continue to be operated separately as it is today.  Full Article

TMX Group announces sale of Atrium
Wednesday, 15 Feb 2017 09:00am EST 

TMX Group Ltd : TMX group announces sale of Atrium . Terms of agreement were not announced . TMX Atrium will become part of ICE data services .Sold wireless and extranet infrastructure services business known as TMX Atrium to Intercontinental Exchange.  Full Article

ICE says will consider appealing CMA divestiture ruling on Trayport deal
Monday, 17 Oct 2016 06:26am EDT 

ICE : Says disappointed with UK competition watchdog divestiture ruling on Trayport acquisition, will consider an appeal Further company coverage: [ICE.N] (Bengaluru Newsroom: +91 806 749 1136).  Full Article

UK's CMA says ICE will have to sell Trayport to a new owner
Monday, 17 Oct 2016 06:22am EDT 

UK Competition and Markets Authority (CMA): Has decided that Intercontinental Exchange, Inc.(ICE) should sell Trayport to preserve competition in wholesale energy trading . Found that the merger would likely result in a loss of competition between ICE and its rivals . Rejected alternative remedial action proposed by the companies, concluding that it would not be effective .The group has decided that ICE will have to sell Trayport to a new owner, to be approved by the CMA, in order to preserve competition.  Full Article

Intercontinental Exchange Inc announces approval of 5-for-1 stock split
Wednesday, 12 Oct 2016 12:53pm EDT 

Intercontinental Exchange Inc : Intercontinental Exchange announces approval of 5-for-1 stock split .Intercontinental exchange inc says common stock is expected to begin trading on a split-adjusted basis on November 4, 2016.  Full Article

UK'S CMA says Verbund concerned regarding ICE Traport deal
Friday, 7 Oct 2016 05:32am EDT 

UK Competition and Markets Authority: Verbund is very concerned that the acquisition will not offer the same degree of neutrality, in particular if ICE integrates Trayport . Verbund says need for guaranteeing an independent management of Trayport as provider of access and connectivity services .Verbund says need for keeping Trayport as a separate and independent provider for access services to the OTC and exchange markets.  Full Article

ICE Data Services launches Best Execution for fixed income in EMEA
Wednesday, 5 Oct 2016 03:00am EDT 

Intercontinental Exchange Inc :ICE data services expanded coverage for its best execution service to include sovereign, corporate bonds in Europe, Middle East and Africa (EMEA).  Full Article

Six exchanges fine Merrill Lynch $3 mln for violating SEC's market access rule
Monday, 26 Sep 2016 12:28pm EDT 

Nasdaq Inc: In concluding the settlement, Merrill Lynch neither admitted nor denied charges, but consented to entry of exchanges' findings . Six exchanges collectively fine Merrill Lynch $3 million for violating SEC's market access rule and exchanges' respective supervision rules . Bats BZX Exchange Inc, Bats BYX Exchange, Bats EDGX Exchange, NYSE LLC, NYSE Arca Inc, Nasdaq Stock Market LLC fined Merrill Lynch $3 million . Exchanges found during July 14, 2011 through Oct 20, 2014 Merrill Lynch's controls for preventing entry of erroneous or unintended orders inadequate .Exchanges found that, during review period, Merrill Lynch filed over 200 "clearly erroneous" petitions with exchanges.  Full Article

ICE says to stick by Trayport deal despite UK antitrust concerns
Thursday, 18 Aug 2016 05:00am EDT 

Intercontinental Exchange Inc : Intercontinental Exchange statement on Trayport acquisition . ICE does not agree with CMA findings which do not align with ICE's vision for continuing to operate Trayport as an open and autonomous software provider . Findings are provisional and final CMA decision is not expected to be known until mid-October . Committed to retaining ownership of Trayport; willing to memorialize its intentions with regard to Trayport's future operation with formal CMA remedies .We do not believe that divestment is necessary, appropriate or in best interests of Trayport's customers.  Full Article

Intercontinental announces expected closing for acquisition of S&P Global's SPSE and CMA
Wednesday, 17 Aug 2016 08:30am EDT 

Intercontinental Exchange Inc : Announces expected closing for acquisition of S&P Global's securities evaluations and credit market analysis .Transaction is expected to close in October 2016, at which time SPSE and CMA will become part of Ice Data Services.  Full Article

More From Around the Web

BRIEF-Intercontinental Exchange says total daily volume of 10,703,582 contracts on March 9, 2017

* Intercontinental Exchange says total daily volume of 10,703,582 contracts on March 9, 2017 Source text for Eikon: Further company coverage: