Track market-moving stories before they get noisy

NEW YORK--(BUSINESS WIRE)--NYSE today reported short interest as of the close of business on the settlement date of July 15, 2026.

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced that MultiLynq LLC, a financial technology solutions supplier for electronic fixed income trading, has become the first provider to offer connectivity to their customers to the ICE Bonds Risk Matching Auction (RMA) protocol. The RMA protocol, which is part of the ICE Bonds' suite of trading.

Hundreds of people have taken part in a protest in Maine over the killing of a Colombian man by a US Immigration and Customs Enforcement (ICE) agent.

The officer, who was "fearing for public safety", opened fire when the driver tried to flee agents attempting to pull him over, according to the Department of Homeland Security (DHS).

DHS said in a post on X that the incident in Biddeford around 7am local time (12pm UK time) on Monday happened as ICE officers were watching the home of someone they thought was in the US illegally and had a final order of removal from the country.

X This content is provided by X, which may be using cookies and other technologies. To show you this content, we need your permission to use cookies. You can use the buttons below to amend your preferences to enable X cookies or to allow those cookies just once. You can change your settings at any time via the Privacy Options. Unfortunately we have been unable to verify if you have consented to X cookies. To view this content you can use the button below to allow X cookies for this session only.

The shooting has sparked outrage in Biddeford and the wider area. On Monday night, the spokesperson for a Maine senator said the driver who was shot dead was the wrong target.

On Tuesday, demonstrators gathered outside an ICE detention centre in Scarborough, which is between Biddeford and Portland.

Datawrapper This content is provided by Datawrapper, which may be using cookies and other technologies. To show you this content, we need your permission to use cookies. You can use the buttons below to amend your preferences to enable Datawrapper cookies or to allow those cookies just once. You can change your settings at any time via the Privacy Options. Unfortunately we have been unable to verify if you have consented to Datawrapper cookies. To view this content you can use the button below to allow Datawrapper cookies for this session only.

It comes as ICE has told officers to suspend most vehicle stops around the country, two sources told Reuters, after the fatal shooting and another one six days earlier in Texas.

The Colombian embassy said the driver in Maine was 26-year-old Colombian national Johan Sebastian Duran Guerrero, the Associated Press reported.

More from US

Iran war latest: US launches fresh strikes on Iran and reimposes blockade - as Tehran issues oil warning

Trump pays E Jean Carroll $5.6m in sex abuse and defamation case

Lindsey Graham: Political master or the problem with politics?

Immigration campaigners have said he was authorised to work in the US, and outgoing Colombian President Gustavo Petro called the shooting a targeted killing "at the hands of the US government".

Image: A makeshift memorial after the shooting in Biddeford, Maine. Pic: Reuters

Image: Pic: Reuters Angus King, an independent senator from Maine, has said the agents involved were not wearing body cameras.

And homeland security secretary Markwayne Mullin told Mr King that ⁠the man killed was not the target of the operation, according to a spokesperson for the ⁠senator.

The shooting came six days after an ICE agent in Houston, Texas, fatally shot a 52-year-old man, Lorenzo Salgado Araujo, following a traffic stop during an immigration enforcement operation.

Image: Lorenzo Salgado Araujo. Pic: LULAC Institute via GoFundMe He was not the target of the operation, a DHS official has said.

ICE said the Mexican national, who had lived in the US illegally for over three decades, rammed a law enforcement vehicle with his van and attempted to run down an officer who fired in self-defence.

The latest killings mean at least seven people have been shot dead during immigration enforcement operations since January 2025, when President Donald Trump began a campaign of mass deportations.

Read more:
What is ICE and what powers do its agents have?

Meanwhile, ICE has told officers to suspend most vehicle stops around the country, two sources told Reuters.

How Trump reinvented ICE | Sky News Explains

Asked about the suspension of traffic stops, an ICE spokesperson said: "We are ‌always evaluating our procedures to keep our officers safe and criminals off our streets. We will not disclose or discuss law enforcement tactics."

A witness to the Biddeford incident, 71-year-old Daniel Boucher, said he was on the second floor of his apartment when he heard what sounded like firecrackers.

He said he went to the window and saw a white SUV ram a smaller white car.

After running down to street level, and from 20ft (6m) away, Mr Boucher said he saw an ICE officer emerge from the SUV, open the ⁠car's door and pull out the driver, who had blood on his face and head.

"I remember hearing the victim say, 'But I tried to ​stop'," Mr Boucher said, before the man appeared to stop breathing.

The Maine attorney general's office said it is working with federal agencies to investigate the incident.

It said that initial statements suggest the driver was trying to flee in the direction of the officer, whose name has not been released and who was placed on leave.

In January this year, 37-year-old US citizen Renee Good was shot dead in her car by ICE agents in Minneapolis, sparking demonstrations across the country.

Alex Pretti, a 37-year-old ICU nurse, was fatally shot by Border Patrol agents two weeks later.

A person was reportedly killed in the US state of Maine during an encounter with Immigration and Customs Enforcement (ICE).

A man has died after being shot by an Immigration and Customs Enforcement (ICE) officer in Houston, Texas.

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today released its July 2026 ICE Mortgage Monitor report. The analysis found that Gen Z accounted for 1 in 5 purchase rate locks in Q2 2026 — the largest share on record. Meanwhile, buyers across all generations are tapping non-traditional down payment sources to bridge affordability gaps as home price appr.

-

New contracts span global monetary policy decisions and U.S. natural gas storage reports

LONDON & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced the planned launch of its first economic indicator futures contracts tied to global monetary policy decisions and US natural gas storage reports.

The cash-settled futures contracts are designed to give market participants exchange-traded and centrally-cleared instruments to express views on specific economic events and decisions.

“ICE’s expansion into economic indicator contracts reflects demand for regulated onshore products that allow customers to take positions on economically relevant risks that shape markets,” said Trabue Bland, Senior Vice President of Futures Markets at ICE. “These innovative new products leverage the global trading and clearing platform that we have built at ICE, offering a new approach to hedging significant moments impacting global markets.”

ICE's new futures will be based on central bank rate decisions from the U.S. Federal Reserve System, European Central Bank and Bank of England, providing exposure to scheduled policy meetings across the three most systemically important central banks in the world, as well as on U.S. natural gas storage inventory levels, which are published weekly by the U.S. Energy Information Administration.

The new contracts are scheduled to launch on August 10, 2026, subject to completion of relevant regulatory processes. The product codes will be: OID; OIS; OIR; EUD; EUS; EUR; MPL; MPS; MPR; EWP.

The new contracts follow the recent launch of ICE’s Polymarket Signals and Sentiment service, an exclusive prediction data and analytics offering from ICE. This service offers normalized data feeds representing Polymarket’s prediction markets, enabling professional and institutional traders to consume crowd-sourced probability assessments as market signals. These signals indicate implied probabilities on real-world outcomes and are designed to complement traditional market, pricing, and sentiment inputs within institutional workflows.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.

Category: Exchanges

SOURCE: Intercontinental Exchange

More News From Intercontinental Exchange

Back to Newsroom

Key Takeaways ICE generated record Fixed Income and Data Services revenue of $322M, up 7% year over year.Intercontinental Exchange is investing in private credit, digital assets and tokenized securities initiatives.ICE is embedding AI across mortgage and data platforms while managing higher operating expenses. Shares of Intercontinental Exchange Inc. (ICE - Free Report) have lost 31.1% over the past year compared with the industry’s decline of 20.3%. ???The company’s share price closed at $124.49 on Thursday and reached a 52-week low of $124.33.

ICE shares have declined from their August 2025 peak due to valuation compression, slower growth from the Black Knight acquisition, and elevated debt. Sentiment was further pressured by competitive threats following the approval of perpetual futures products on platforms like Kalshi.

Shares of some of its peers, like CBOE Global Markets, Inc. (CBOE - Free Report) , have increased 8.4%, whereas CME Group Inc. (CME - Free Report) and Nasdaq, Inc. (NDAQ - Free Report) have declined 17.5% and 12.1%, respectively, in the past year. The S&P 500 Index has gained 23.3% during this time.

1-Year Price Performance: ICE, CME, CBOE, NDAQ, Industry & S&P 500
Image Source: Zacks Investment Research

ICE’s Average Target Price Suggests UpsideBased on short-term price targets offered by 16 analysts, the Zacks average price target is $195.13 per share. The average suggests a potential 56.7% upside from the last closing price.

 

Image Source: Zacks Investment Research

ICE’s ValuationIntercontinental Exchange’s shares are trading at a discount compared with the industry. ICE’s shares are trading at a forward price-to-earnings of 14.6X, lower than the industry average of 17.5X. Meanwhile, CME, Cboe Global and Nasdaq are trading at 17.95X, 17.88X and 18.39X, respectively.

Image Source: Zacks Investment Research

ICE’s Growth Projection EncouragesThe Zacks Consensus Estimate for Intercontinental Exchange’s 2026 earnings per share (EPS) indicates a year-over-year increase of 20.4%. The estimate for 2026 revenues is pegged at $10.99 billion, implying a year-over-year improvement of 10.6%.

The consensus estimates for 2027 EPS and revenues indicate an increase of 5.5% and 4.2%, respectively, from the corresponding 2026 estimates.

The expected five-year earnings growth is pegged at 12.8%, better than the industry average of 12.2%.

Optimistic Analyst Sentiment on ICESix of the seven analysts have raised the estimates for 2026, whereas five of the eight analysts have increased estimates for 2027 over the past 60 days. The Zacks Consensus Estimate for 2026 and 2027 has moved 3.8% and 1% north, respectively, over the same period.

Factors Favoring ICE StockICE’s top line is poised to improve, driven by global data services and index business, the ICE Global Network offering, as well as solid desktop, feeds, and derivatives analytics. The company has been achieving expense synergies from strategic acquisitions, which have strengthened its portfolio and expanded its presence. As the operator of the largest mortgage network in the United States, ICE remains well-positioned to capitalize on the ongoing digitization of the residential mortgage industry.  The company is also benefiting from strength in its Exchange business, driven by elevated market volatility, robust risk-management demand and growing market participation.

ICE's Fixed Income and Data Services business remains a key growth driver. In the first quarter of 2026, revenues reached a record $322 million, up 7% year over year, fueled by strong net new business trends in its pricing and reference data offerings. Growing demand for proprietary data, analytics, pricing and index products continues to support recurring revenues and earnings stability. For 2026, management anticipates recurring revenue growth in the mid single-digit range, with results expected to trend toward the higher end.

ICE is investing in several emerging growth areas that could support long-term expansion. The launch of ICE Private Credit Intelligence, development of a tokenized securities platform at the NYSE and partnerships with Polymarket and OKX are expected to strengthen its position in private credit, digital assets and next-generation market infrastructure. These initiatives expand the company's addressable market and provide additional long-term growth avenues.

ICE is increasingly embedding artificial intelligence across its mortgage, data, pricing, and workflow automation platforms. Management believes AI-driven capabilities will increase platform adoption, strengthen customer relationships and create incremental monetization opportunities over time.

Risks for ICETotal operating expenses have increased over the last several years, reflecting higher compensation and benefits, technology and communication costs, and acquisition-related integration activity. ICE guided for the second quarter of 2026, adjusted operating expenses in the range of of $1.030 billion to $1.040 billion.

ICE faces competitive and regulatory challenges that could pressure pricing, increase compliance costs, and shift trading volumes, making future growth and profitability more unpredictable.

ConclusionICE is poised for growth, banking on the strength of its compelling portfolio and expansive risk-management services, which ensure revenue flow, as well as strategic buyouts, a solid balance sheet, and effective capital deployment. However, rising operating expenses and volatile industry trends raise concerns.

Nevertheless, favorable growth estimates, optimistic analyst sentiment, and cheaper valuations are noteworthy. It is, therefore, wise to retain this Zacks Rank #3 (Hold) stock at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

On June 24, 2026, we delve into the DCF analysis for Intercontinental Exchange Inc ICE , a company that has experienced notable price performance fluctuations recently. The stock has seen a decline of 5.9% over the past week, 12.7% over the past month, 17.3% year-to-date, and a significant 25.1% over the past year.

DCF Earnings-based intrinsic value of $128.85 vs current price of $133.00 (margin of safety: -3.2%) DCF FCF-based intrinsic value of $134.64 vs current price (second opinion: fair valued with 1.2% margin of safety) GF Score™ of 86/100, indicating a high reliability of the DCF inputs What Is ICE Worth? DCF Earnings-Based Model The DCF earnings-based model for ICE utilizes a two-stage approach to estimate the intrinsic value of the stock. In the first stage, we project earnings growth over the next ten years, followed by a terminal growth phase. The assumptions used in this model are outlined in the table below:

Parameter Value Current EPS (TTM, excl. non-recurring) $7.58 10-Year Growth Rate 10.9% 10-Year Treasury Rate 4.49% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% In the first stage, we expect EPS to grow at a rate of 10.9% annually for the next ten years, which is then discounted at a rate of 11%. The value derived from this growth stage is $75.43 per share. Following this growth phase, we transition into the terminal stage where growth slows to a 4% rate for the subsequent ten years, also discounted at 11%. The terminal stage value is calculated at $53.42 per share. The summary of the calculation is as follows:

Stage Description Value Growth Stage (Years 1-10) EPS growing at 10.9%, discounted at 11% $75.43 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $53.42 Intrinsic Value Growth + Terminal $128.85 Comparing the current price of $133.00 to the intrinsic value of $128.85 indicates that ICE is fairly valued, with a margin of safety of -3.2%. It is important to note that GuruFocus uses EPS excluding non-recurring items, as research shows that stock prices tend to correlate more closely with earnings than with free cash flow. For a detailed breakdown, visit the ICE DCF Calculator.

What Does the Free Cash Flow DCF Say? The free cash flow (FCF)-based intrinsic value for ICE is calculated at $134.64. This value provides a second opinion on the valuation of the stock. When compared to the earnings-based intrinsic value of $128.85, both models suggest that ICE is fairly valued, with the FCF model indicating a 1.2% margin of safety.

How Does GF Value™ Compare to the DCF Models? The GF Value™ for ICE stands at $165.59, offering a third perspective on the valuation of the stock. GF Value™ is GuruFocus' proprietary measure, calculated based on historical trading multiples, past business growth, and future performance estimates. While the DCF models indicate that ICE is fairly valued, the GF Value™ suggests that the stock may be undervalued, creating a divergence in valuation perspectives. For further insights, visit the GF Value™ page.

What Does ICE's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns based on backtested data from 2006 to 2021. The current GF Score™ for ICE is 86/100, indicating strong fundamentals. The table below summarizes the key metrics:

Metric Rating GF Score™ 86/100 Financial Strength 4/10 Profitability 8/10 Growth 10/10 Valuation 8/10 Momentum 4/10 With a predictability rank of 2/5 stars, it is important to note that higher predictability ratings generally lead to more reliable DCF estimates. For more details, visit the ICE stock page.

Key Assumptions and Limitations It is crucial to recognize that DCF models are highly sensitive to the assumptions made regarding growth rates and discount rates. Stocks with low predictability ratings, such as ICE's 2/5 stars, may produce less reliable DCF estimates. Additionally, the terminal growth rate of 4% is a simplifying assumption that may not reflect future economic conditions accurately.

What This Means for Investors In synthesizing the three valuation models—DCF earnings, DCF FCF, and GF Value™—we find that ICE is fairly valued based on the DCF models, while the GF Value™ suggests a potential undervaluation. This divergence indicates that investors should consider multiple perspectives before making decisions. For the full DCF analysis, visit the ICE DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.

Frequently Asked Questions What is ICE's intrinsic value based on DCF?

Answer: earnings-based $128.85, FCF-based $134.64

Is ICE overvalued or undervalued?

Answer: Based on DCF models, ICE is fairly valued; however, GF Value™ suggests it may be undervalued.

How reliable is the DCF model for ICE?

Answer: The DCF model's reliability is moderate, indicated by a predictability rank of 2/5.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Intercontinental Exchange is rated 'hold' due to high leverage and concerns over its mortgage segment, despite strong market leadership and undervaluation. ICE delivered strong Q1 2026 results, with revenue up 18% and EPS beating estimates, but share price remains down 17% YTD amid economic uncertainty. Dividend safety is excellent, with a 14-year growth streak, conservative payout ratio (26%), and robust free cash flow coverage; forward yield is 1.47%.

-

Launch Partner Environmental Resources Trust’s leading carbon crediting programs ACR and ART migrated to ICE GreenTrace™, which offers cutting edge financial market infrastructure to the carbon credit market for the first time

ATLANTA--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), one of the world's leading providers of financial market technology and data powering global capital markets, and the world’s largest operator of environmental and energy derivatives markets, today announced the launch of ICE GreenTrace™, an environmental registry technology service to bring cutting edge financial market infrastructure and technology to carbon credit registries for the first time. ICE GreenTrace™ supports the life cycle of environmental instruments, including carbon credits, emission allowances and energy attribute certificates.

Winrock International's Environmental Resources Trust (ERT) has migrated its registry operations onto ICE GreenTrace™. As launch partner, ERT now leverages the new platform to power its world-leading crediting programs, ACR (formerly American Carbon Registry), the Architecture for REDD+ Transactions (ART), and the Standard for the Transformation of the Electric Power Sector (STEPS).

The migration of ACR and ART to ICE GreenTrace™ was one of the most complex transitions ever undertaken in the carbon credit market. The team transferred over two and a half decades of GHG emission reduction and removal credits and associated data and documentation. Approximately 437 million serialized credits and over 40,000 documents and files were migrated from 1,162 projects and programs to 857 Registry Account Holders from issuance to retirement.

“ERT’s migration to ICE GreenTrace™ is a landmark moment for carbon markets,” said Gordon Bennett, Managing Director of Utility Markets at ICE. “ACR was founded in 1996 as the world’s first carbon crediting program, and ERT has now moved its three programs to ICE so that they are operated on the same technology stack that powers globally systemic financial infrastructure and operates under the strictest financial regulations in the world.”

“ICE was founded on the vision that analogue markets could be transformed through digital infrastructure. For over two decades, ICE has built the network that prices and transfers risk for environmental markets. ICE GreenTrace™ extends ICE's digital network to carbon credits, from inception to retirement, creating the foundation for carbon credits to scale and become an institutional asset class,” continued Bennett.

“ICE GreenTrace™ is a leap forward in leveraging ICE’s trusted financial market infrastructure to scale carbon markets,” said Mary Grady, CEO of Environmental Resources Trust. “Our globally recognized crediting programs – ACR and ART – are now positioned to meet the demands of institutional investors around the world. We are incredibly excited about what this will enable for the evolution of carbon markets globally.”

For the first time, ICE GreenTrace™ provides carbon market participants with access to a registry technology service operated by ICE, where participants can benefit from ICE’s deep expertise in operating platforms with differing regulatory reporting across multiple jurisdictions, as well as differing data requirements, timelines and legal obligations.

ICE’s environmental markets underpin price discovery across five cap-and-trade programs globally, as well as the world’s first exchange-traded CORSIA Phase 1 and Phase 2 Eligible Emissions Units futures contracts, which recognize ACR and ART among eligible crediting programs. In 2025, a record 20.9 million environmental contracts traded on ICE, equivalent to over $1 trillion in notional value for the fifth consecutive year, with $117 billion physically delivered to multiple registries.

To find out more about ICE GreenTrace™, please visit www.ice.com/energy/environmental/ice-greentrace or contact [email protected].

Visit the ACR and ART registries on ICE GreenTrace™: https://greentrace.ice.com/acr and https://greentrace.ice.com/art.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges, including the New York Stock Exchange, and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalise on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at www.ice.com/privacy-security-center/terms-of-use.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.

About Environmental Resources Trust

Environmental Resources Trust (ERT), a nonprofit enterprise of Winrock International, offers trusted solutions to environmental markets to catalyze transformational climate impacts. With the mission of harnessing the power of markets to improve the environment, ERT operates internationally recognized carbon crediting programs, ACR and the Architecture for REDD+ Transactions (ART). Founded in 1996 as the world’s first private carbon registry, ACR has extensive operational experience in global compliance and voluntary carbon markets, having issued 375 million high-quality, verified CO2 emission reduction and removals credits. ART is the leading global carbon market initiative for jurisdictional REDD+, ensuring the social and environmental integrity of climate results from protecting and restoring forests at scale. ART’s growing pipeline of participating jurisdictions currently includes over two dozen governments on five continents covering 400 million hectares of tropical forests. ERT has also developed the Standard for the Transformation of the Electric Power Sector (STEPS), a first-of-a-kind sector-wide carbon crediting standard that aims to incentivize host country planning and policies to deliver long-term structural changes necessary for electric power sector emissions to peak sooner and decline faster to meet Paris Agreement temperature goals.

Category: Exchanges

SOURCE: Intercontinental Exchange

More News From Intercontinental Exchange

Back to Newsroom

New platform to debut later this year, with preview for market participants at FILS

, /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, announced today that it has entered into an agreement with ICE Data Services, which is part of Intercontinental Exchange (ICE), to use its foundational evaluated prices and reference data in TT's new buy-side Fixed Income execution management system (EMS). Additionally, TT will offer ICE's "Continuously Evaluated Price" (CEP) market data feed to TT clients. 

Launching later this year, the new buy-side fixed income EMS will reside natively within the TT multi-asset platform and initially focus on USD Rates and Credit products. This integration allows clients to leverage the same familiar trading widgets and post-trade services they already use for futures, options and FX. Market participants can experience the new platform firsthand this week at the Fixed Income Leaders Summit (FILS) in Boston—a premier three-day conference attracting over 1,000 attendees from 300 companies.

Chris Heffernan, EVP, Managing Director, Fixed Income of TT, said: "The launch of our new buy-side fixed income EMS, powered by premier ICE data, marks a major milestone for the TT platform. By unifying fixed income, futures and FX on a single screen, we are giving clients direct access to the industry's most sophisticated, award-winning execution tools, and unlocking unprecedented cross-asset trading possibilities."

Mark Heckert, COO, Data Services, at ICE said: "We are pleased to work with TT to integrate our global, multi-asset class, fixed income reference data, End of Day Evaluated Prices, and CEP into their new buy-side Fixed Income EMS. Our fixed income evaluations and reference data on over 3 million instruments are used throughout the trade lifecycle and may become a valuable resource for users of the new platform."

Heffernan said: "Navigating the constantly evolving fixed income market requires a platform built for modern complexities. We've dedicated extensive time, resources and expertise to engineer the TT platform for this exact environment, reinforcing our commitment to delivering innovative solutions to help define the next-generation, multi-asset EMS for tomorrow's trading desks."

About Trading Technologies

Trading Technologies (www.tradingtechnologies.com) is a global capital markets platform services company providing market-leading technology for the end-to-end trading operations of Tier 1 banks, brokerages, money managers, hedge funds, proprietary traders, Commodity Trading Advisors (CTAs), commercial hedgers and risk managers. With its roots in listed derivatives, the Software-as-a-Service (SaaS) company delivers "multi-X" solutions, with "X" representing asset classes, functions, workflows and geographies. This multi-X approach features trade execution services across futures and options, fixed income, foreign exchange (FX) and cryptocurrencies augmented by solutions for data and analytics, including transaction cost analysis (TCA); quantitative trading; compliance and trade surveillance; clearing and post-trade allocation; and infrastructure services. The award-winning TT platform ecosystem also helps exchanges deliver innovative solutions to their market participants, and technology companies to distribute their complementary offerings to Trading Technologies' clients.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE's futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world's largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading "Key Information Documents (KIDS)."

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.

SOURCE Trading Technologies

Tinley Park, IL, June 13, 2026 (GLOBE NEWSWIRE) -- Results may vary. ICE Box is not a substitute for legal, financial, insurance, estate-planning, or emergency-preparedness advice. See full terms through the official ICE Box website. This content contains affiliate links. If you purchase through these links, a commission may be earned at no additional cost to you.

Quick Answer: ICE Box is a personal document storage system designed to consolidate household records, valuables, and digital files into one unit built with fireproof and water-resistant materials. The system includes 12 labeled folders, a 32GB USB stick, a protective pouch, key tags, and a step-by-step guide developed by estate experts and lawyers. ICE Box is engineered to complete the full household setup process in under an hour. A 30-day money-back guarantee applies to current orders.

ICE Box at a Glance

ICE Box is a personal document storage system built for households that want important records, valuables, and digital backups organized in one accessible, protected location. The system is designed to work for homeowners, families, retirees, caregivers, and frequent travelers who want household documents organized in one accessible location.

ICE Box ships complete with every organizational component included: 12 labeled document folders, a 32GB USB stick, a protective pouch, color-coded key tags, a step-by-step guide, and a combination-locked unit built from fireproof, water-resistant materials. Setup is designed to take under an hour.

View the current ICE Box offer (official ICE Box page)

What Buyers Researching ICE Box Are Looking For

Search interest around "ICE Box claims evaluated" reflects consumer verification behavior before purchasing. Buyers often want to understand how ICE Box is designed, what the system includes, what types of documents it is intended to organize, and how the product fits household emergency-preparedness planning.

Why Household Document Organization Matters

Many households store important documents in multiple scattered locations, which can make records harder to locate during emergencies, estate administration, travel disruptions, or family transitions.

Estate administration, medical emergencies, natural disasters, and sudden family transitions all create the same situation: family members need specific documents quickly, under stress, often without the person who knew where everything was kept. A centralized document organization system is designed to close that gap before it becomes a problem.

ICE Box is designed specifically for that scenario. It brings everything — records, valuables, digital backups, and keys — into one organized, protected system that any authorized family member can navigate without guidance.

Buyer takeaway: ICE Box is designed to address the scattered-document problem that makes estate administration, emergency response, and family transitions harder than they need to be. The system is built to organize everything in one place before an urgent situation requires it.

View the current ICE Box offer (official ICE Box page)

How ICE Box Is Designed to Work

Quick answer: ICE Box is a personal document storage system that organizes important household records, valuables, and digital files into one unit built with fireproof and water-resistant materials, using 12 labeled folders, a 32GB USB stick, a protective pouch, and key tags — all guided by an expert-developed step-by-step checklist. The system is designed to complete setup in under one hour.

ICE Box is built around a simple, structured setup process. The included step-by-step guide — developed by estate experts and lawyers — covers every document category a household is likely to need, in sequence, so nothing gets skipped. No prior estate planning knowledge is required. Most households complete the full setup in a single session.

The 12 labeled document folders are designed to cover the full range of household documents: deeds and titles, final arrangement instructions, insurance policy details, financial records, passports and birth certificates, precious photos, and digital file backups. Each folder is color-coded for fast identification by any family member.

The 32GB USB stick is included to protect digital documents, photos, and videos that exist only in digital form. A secure pouch holds jewelry, heirlooms, keys, and small physical valuables alongside the document folders. Color-coded key tags allow labeling of car keys, house keys, safety deposit box keys, and any other keys the household needs to keep identified and accessible.

ICE Box measures 11.8" H x 10.4" D x 13" W — spacious enough for legal-sized documents, small valuables, and digital storage devices, while remaining compact and lightweight enough to carry in an emergency.

Buyer takeaway: ICE Box organizes the full scope of household documents — physical records, valuables, digital files, and keys — through a single structured setup process designed to take under an hour. The core organizational components are included with the system.

ICE Box Emergency Preparedness Design

ICE Box is designed with fireproof and water-resistant materials intended to add a layer of physical protection for stored documents. For sensitive papers requiring additional protection, ICE Box is designed to accommodate waterproof sleeves inside the unit alongside the standard folders.

The grab-and-go design is intentional. ICE Box is built to be lightweight and compact enough to carry out of a home during an evacuation. ICE Box is designed to remain accessible inside the home rather than stored in an off-site location — so it's available when it's needed without requiring a separate trip or appointment.

A combination lock and secure latch provide two layers of physical security for everything inside. The tamper-resistant construction is designed to help limit unauthorized access while keeping the system simple enough for authorized family members to open without difficulty.

ICE Box is designed to stay accessible at all times. A home office, closet, or location near an exit — somewhere a family member can locate it quickly without instructions — is the intended storage location.

View the current ICE Box offer (official ICE Box page)

ICE Box for Estate and Legacy Organization

ICE Box is designed to organize documents that are relevant to estate administration: wills, deeds, titles, insurance policies, financial records, final arrangement instructions, and identification documents that family members may need when managing an estate.

ICE Box is designed to work for two groups at once. The primary user gains a single, organized location for every document that matters to their household. Their family members gain a clear, labeled reference point — so that when documents are urgently needed, they are easier to locate through a labeled category system.

ICE Box includes space for documents across all stages of life. The folder categories are designed to accommodate what a household needs now and what it will accumulate over time, so the system remains relevant as a household's estate grows and changes.

ICE Box is not a substitute for legal, financial, insurance, estate-planning, or emergency-preparedness advice. Users with questions about estate planning, legal documents, insurance coverage, or emergency planning should consult qualified professionals. ICE Box is designed to organize and protect documents — not to create, interpret, or manage them.

Buyer takeaway: ICE Box is designed to give households a complete, labeled organizational system for estate-relevant documents. The goal is to make those documents easier to locate through a labeled category system — without requiring the primary user to be present or the family to know where to start looking.

How ICE Box Compares to Other Storage Approaches

Quick answer: ICE Box is designed to address specific limitations of ordinary folders, filing cabinets, home safes, and off-site storage by combining document organization, physical protection, digital backup support, and home accessibility in one system. ICE Box is built to remain accessible inside the home, organized with an expert-developed estate-planning structure, and portable enough to carry during an emergency.

ICE Box is designed to address limitations common to storage approaches that households typically assemble without professional structure. Ordinary folders and boxes provide no fire or water protection and no guided category framework — meaning commonly needed document types can be harder to locate when they are urgently required. ICE Box is built with physical protections and a guided category structure intended to help households organize commonly needed document types.

A safety deposit box provides bank-grade physical security but requires an off-site visit to access. ICE Box is designed to remain accessible inside the home rather than stored in an off-site location, making it available during situations where leaving home or accessing a bank may not be straightforward.

Hiring an estate attorney provides professional legal guidance on estate structure and document preparation. ICE Box is designed to store and organize what professional estate planning produces. The two work together — ICE Box is not positioned as a replacement for professional estate advice, but as the physical organizational home for the documents that professional advice generates.

ICE Box Pricing, Guarantee, and How to Order

ICE Box is available through the current ICE Box page. Current pricing, bundle availability, and checkout terms may vary. ICE Box offers a 30-day money-back guarantee on current orders. Buyers wanting documentation or confirmation of current terms can contact ICE Box at [email protected] before ordering.

Free shipping is available on qualifying orders within the USA. Current availability and all ordering options are confirmed through the official ICE Box website.

View the current ICE Box offer (official ICE Box page)

ICE Box Contact Information

ICE Box customer support is available at the following contact details:

Email: [email protected]
Phone: +1 (855) 696-2814
Mailing Address: ICE BOX, 17720 Oak Park Ave, Door 9, Tinley Park, IL, US, 60477

Frequently Asked Questions About ICE Box

What is ICE Box designed to organize?

ICE Box is designed to organize the full range of household documents a family is likely to need: birth certificates, social security cards, passports, wills, home deeds, insurance policies, medical records, financial documents, final arrangement instructions, keys, valuables, and digital file backups. The 12 labeled folders cover each major document category, and the included expert-developed checklist is designed to ensure no category is overlooked during setup.

How does ICE Box protect documents from fire and water damage?

ICE Box is built with fireproof and water-resistant materials designed to add a layer of physical protection for stored documents and valuables. For sensitive papers requiring additional protection, ICE Box is designed to accommodate waterproof sleeves inside the unit. ICE Box is intended to provide physical protection as part of a broader emergency-preparedness approach — not as a guarantee against all possible damage in all conditions.

How long does the ICE Box setup process take?

ICE Box is designed to complete the full household document organization process in under one hour. The included step-by-step guide and checklist — developed by estate experts and lawyers — walks through every document category in sequence. Most households complete the full setup in a single session, regardless of how scattered their current document situation is.

Does ICE Box support digital document storage?

Yes. ICE Box includes a 32GB USB stick designed to store digital copies of vital documents, photos, and videos. A secure pouch accommodates additional USB drives or external hard drives for households with extensive digital archives. ICE Box is built to serve as both a physical document system and a digital backup solution in one unit.

Who is ICE Box designed for?

ICE Box is designed for homeowners, families, retirees, caregivers, and frequent travelers — any household with important documents, identification records, insurance policies, valuables, or estate-relevant records that need to be organized and accessible. The system is built to benefit both the primary user and their family members equally: the primary user gains organized peace of mind; family members gain a clear, labeled reference point they can navigate without guidance.

Where is ICE Box designed to be kept?

ICE Box is designed to be stored in a safe, accessible location in the home — a home office, closet, or near an exit — where it can be retrieved quickly without instructions. The grab-and-go design and lightweight construction mean the unit can be carried during an evacuation. ICE Box is designed to remain accessible inside the home rather than stored in an off-site location.

What security features does ICE Box include?

ICE Box includes a combination lock and a secure latch, providing two layers of physical security for the contents. The tamper-resistant construction is designed to help limit unauthorized access while remaining simple enough for authorized family members to open quickly when needed.

What guarantee does ICE Box offer?

ICE Box offers a 30-day money-back guarantee on current orders. Buyers with questions about return procedures or current guarantee terms can contact ICE Box directly at [email protected] or +1 (855) 696-2814, or confirm current terms through the official ICE Box website before ordering.

Summary

ICE Box is a personal document storage system designed to address a common and preventable household gap: important records stored in scattered, unprotected locations that are hard to find precisely when they matter most.

The system includes 12 clearly labeled folders, a 32GB USB stick, a protective pouch for valuables, color-coded key tags, and a step-by-step expert-developed checklist — all inside a unit built with fireproof and water-resistant materials, combination-locked, and designed for home accessibility and emergency grab-and-go use. Setup is designed to take under one hour.

ICE Box is available through the official ICE Box website with free shipping on qualifying USA orders and a 30-day money-back guarantee on current orders. Buyers with questions before ordering can reach ICE Box directly at [email protected] or +1 (855) 696-2814.

ICE Box is not a substitute for legal, financial, insurance, estate-planning, or emergency-preparedness advice. Users with questions about estate planning, legal documents, insurance coverage, or emergency planning should consult qualified professionals.

View the current ICE Box offer (official ICE Box page)

Recent ICE Box Coverage

Additional previously published ICE Box coverage is available below.

ICE Box Storage System: Document Organization and Emergency Preparedness Coverage

ICE Box Storage System: Estate Organization and Secure Document Protection Coverage

Results may vary. ICE Box features, specifications, pricing, and availability are subject to change. Confirm current product details and terms through the official ICE Box website before purchase.

Pricing is subject to change without notice. Confirm current pricing and checkout terms at the official ICE Box website.

California Consumer Disclosure (Proposition 65): California residents should review the ICE Box product and the ICE Box official website for any warnings required under California's Safe Drinking Water and Toxic Enforcement Act of 1986, commonly known as Proposition 65, before purchase. Any Prop 65 warning obligation rests with the manufacturer and seller of the product. California consumers with specific questions about Proposition 65 compliance can contact ICE Box directly at [email protected] or +1 (855) 696-2814. Information about Proposition 65 is publicly available through the California Office of Environmental Health Hazard Assessment (OEHHA).

ICE Box and associated marks are trademarks or registered trademarks of Showtime Ventures LLC. Other trademarks referenced are the property of their respective owners. Mention of these trademarks does not imply affiliation, endorsement, or sponsorship beyond what is expressly disclosed.

Shares of exchange stocks are tumbling after the regulatory approval of perpetual futures for bitcoin ignited concerns that a new wave of trading products could pose an existential threat for Wall Street.

CME Group, known for its derivatives and futures trading platforms, dropped more than 2% in Tuesday's session. The stock is down more than 8% over the last two days and is poised to record its biggest weekly drop since 2020.

Cboe Global Markets, an exchange and derivatives network, plunged more than 8% in Tuesday trading. That brought its losses for this week to more than 17%, also pacing for its largest weekly decline going back to 2020.

CME Group, 5 days

New York Stock Exchange parent Intercontinental Exchange slid more than 1% on Tuesday and is down more than 3% for the week. Nasdaq shares tumbled more than 5% in the session, dragging the stock into the red week to date.

The Commodity Futures Trading Commission last week approved perpetual futures — a type of future-style contract with no expiration date — for bitcoin trading on Kalshi. This tool, known in short as "perps," is popular among retail traders abroad.

Investors are worried that the CFTC could give the green light to other asset classes to trade via perpetual futures next. That could increase competition for the traditional exchanges that have long dominated on Wall Street.

Cboe, 5 days

The "concern is that perps could come to equity products, and potentially displace CME/CBOE S&P products," Barclays analyst Ben Budish told clients in a Tuesday note.

'Shooting first'Budish said perpetual futures could provide a competitive challenge to certain products that target retail investors. But the analyst said there's already comparable offerings in the U.S. that haven't meaningfully changed how retail investors trade so far.

Despite the recent pullback, RBC analyst Ashish Sabadra said the competitive risk can be managed because there are "fundamental" differences between perpetual future mechanisms and those offered by exchanges. Sabadra said perpetual futures may face leverage limits from clearing houses as a way to mitigate risk and that there's limited institutional interest.

In other words: Investors are "shooting first and asking questions later," said Jay Woods, chief market strategist at Freedom Capital Markets.

"There [may be] merit on the news for a minor setback," Woods said. "But this seems like a major overreaction to me."

Perpetual futures aren't the only challenge facing exchange providers in the eyes of traders, according to David Krakauer, vice president of portfolio management at Mercer Advisors.

Investors are worried that financial technology companies and other platforms could begin offering products that rival those from traditional exchanges, Krakauer said. What's more, he said stakeholders in these stocks are wondering if the rise of prediction markets will draw attention away from conventional asset classes.

watch now

Growing interestKalshi CEO Tarek Mansour assuaged investors' worries, saying that the prediction market platform is aiming to win approval for and then build out perpetual futures offerings that go beyond solely bitcoin. 

"Kalshi is starting with perpetual futures on bitcoin, and then we're going to expand from there," Mansour said Monday on CNBC's "Squawk on the Street."

Perps see more than $90 trillion in volume annually, making it "one of the largest asset classes on the planet today," Mansour said. That's without participation from U.S. investors due to regulatory roadblocks, despite interest in the products, he added.

"The demand has been very clear for a few years in America," Mansour said. "People want it here. Institutions want it here."

To be sure, Piper Sandler analyst Patrick Moley told clients in a note last month that Hyperliquid's perpetual futures platform Trade[XYZ] isn't yet taking significant market share from legacy operators. For instance, Trade[XYZ]'s volume equates to less than 1% of what's seen in products tied to the S&P 500 and oil from the Intercontinental Exchange and CME, the bank found.

Robinhood CEO Vlad Tenev said the potential to bring perps to the U.S. is "very attractive" in an interview with CNBC's "Squawk on the Street" on Tuesday.

Tenev said American traders should be able to use perpetual futures without going through unregulated platforms that are accessed by virtual private networks, also known as VPNs. U.S. crypto investors have been known for years to trade perpetual futures for bitcoin through offshore accounts.

— CNBC's Davis Giangiulio, Sean Conlon and Tanaya Macheel contributed to this report.

Toronto, Ontario--(Newsfile Corp. - June 2, 2026) - Canlan Ice Sports Corp. (TSX: ICE) ("Canlan Sports") and Entripy Custom Clothing, Canada's leading destination for custom apparel, today announced a landmark naming rights agreement that will see Canlan Sports Oakville renamed the Entripy Centre - a Canlan Sports Community. The agreement includes prominent Entripy branding throughout the sports complex's interior and exterior, effective immediately.

The alliance unites two Canadian brands with deep roots in sport, team culture, and community - bringing together Canlan Sports' legacy in recreational hockey and multi-sport programming with Entripy's identity as the go-to brand for teams across the country. The Entripy Centre will continue to serve as a premier destination for recreational hockey, skating, and community sport programming in the Greater Toronto Area.

Under the agreement, Entripy Custom Clothing will receive brand presence across interior and exterior signage, digital displays, and activation opportunities tied to league play, tournaments, and community events at the Oakville location.

"We are thrilled to welcome Entripy Custom Clothing as a naming rights partner at our Oakville sports complex," said Joey St-Aubin, President and CEO of Canlan Sports. "This partnership is a natural fit. Entripy has built an incredible brand around the spirit of team and community, which are values that are at the very heart of everything we do at Canlan Sports. Together, we look forward to creating an even more vibrant and connected experience for the athletes, families, and teams who call this sports complex home."

The Entripy Centre in Oakville features 4 NHL-sized ice surfaces, year-round programming, and state-of-the-art amenities serving thousands of recreational athletes and their families across the region. The newly branded Entripy Centre is a vital hub for local hockey, hosting tournaments, leagues, hiqh quality programming, public skating, and community events. Work has commenced on slight infrastructure modifications to the Entripy Centre, with a formal ribbon-cutting event to be announced.

"Oakville is our hometown. Entripy started 26 years ago making custom branded apparel and uniforms for local teams, schools and businesses, and has grown to serve customers across Canada- but we’ve never forgotten where it began," said Jas Brar, CEO of Entripy Custom Clothing. "It's no different than kids who lace up at this rink for the first time and go on to play on bigger stages - the journey always starts somewhere. The Entripy Centre puts us at the centre of the community that built us, because every team, every player, and every family that walks through those doors is part of our story too."

About Entripy Custom Clothing:
Entripy is Canada's leader in custom-printed apparel, uniforms and promotional items. With screen printing, digital printing and embroidery all done in-house, Entripy delivers custom-branded solutions for companies and organizations across Canada looking to "put their logo on it." Proudly Canadian, Entripy's use of proprietary technology allows the company to offer one of the fastest turnaround times, on-demand production, and an effortless fulfillment process that is unmatched within the industry. Entripy is a certified member of the Canadian Aboriginal and Minority Supplier Council (CAMSC).

About Canlan Sports:
Canlan Sports is a brand that exists to create a world where everyone can connect and play. Our vision: To be gamechangers, always pushing the boundaries to inspire every recreational sport enthusiast to love the game. Canlan Sports is a leading owner, operator and investor in the multi-sport recreation sector committed to creating sports communities that change lives for the better. Through our portfolio of partnerships, Canlan Sports is the largest private sector owner and operator of recreational sports surfaces with 15 sports complexes and over 70 playing surfaces across Canada and the US, offering a wide array of ice, court, turf and digital sports experiences.

To learn more, please visit us at www.canlansports.com

Media Contacts:

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299907

Source: Canlan Ice Sports Corp.

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

-

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), one of the world’s leading providers of financial market technology and data powering global capital markets, today reported May 2026 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.

May highlights include:

Total average daily volume (ADV) up 14% y/y; open interest (OI) up 24% y/y, including record OI of 130.6M lots on May 25 Total Energy OI up 6% y/y, including record options OI of 31.2M lots on May 22 Brent ADV up 6% y/y; OI up 3% y/y Total Natural Gas ADV up 3% y/y; OI up 10% y/y, including record OI of 47.9M lots on May 22 North American Gas OI up 10% y/y, including record OI of 41.4M lots on May 25 TTF gas ADV up 11% y/y; OI up 6% y/y Asia gas ADV up 30% y/y; OI up 33% y/y Total Agriculture & Metals ADV up 60% y/y; OI up 39% y/y Sugar ADV up 44% y/y; OI up 23% y/y Cocoa ADV up 85% y/y; OI up 56% y/y Coffee ADV up 23% y/y; OI up 21% y/y Cotton ADV up 151% y/y; OI up 94% y/y Total Financials ADV up 37% y/y; OI up 56% y/y, including record OI of 54.5M lots on May 29 Total Interest Rates ADV up 38% y/y; OI up 63% y/y, including record OI of 50.8M lots on May 29 Euribor ADV up 29% y/y; OI up 45% y/y, including record OI of 27.1M lots on May 29 SONIA ADV up 34% y/y; OI up 96% y/y, including record OI of 19.6M lots on May 14 Gilts ADV up 47% y/y; OI up 13% y/y Total Equity Indices ADV up 25% y/y MSCI ADV up 39% y/y; OI up 4% y/y NYSE Cash Equities ADV up 12% y/y NYSE Equity Options ADV up 54% y/y About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.

Category: Corporate

SOURCE: Intercontinental Exchange

More News From Intercontinental Exchange

Back to Newsroom

Intercontinental Exchange, Inc. (ICE) Presents at Piper Sandler Global Exchange and Fintech Conference Transcript

LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced that ICE Benchmark Administration Limited (IBA), a leading administrator of regulated benchmarks, has launched two new ICE Swap Rate® Inflation Swap benchmarks.

The new benchmarks reference the U.K. Retail Prices Index (RPI) for GBP and the Eurozone Harmonised Index of Consumer Prices excluding tobacco (HICP ex-tobacco) for EUR, based on zero-coupon inflation index swaps. The RPI and HICP ex-tobacco are key U.K. and Eurozone indices which measure inflation by tracking the changing cost of a representative basket of goods and services.

ICE Swap Rate® Inflation Swap benchmarks aim to provide market participants with robust, transparent reference rates for use in transactions and valuations. The GBP and EUR reference rates are calculated daily using the ICE Swap Rate® Waterfall Methodology based on dealer-to-client data provided by Tradeweb and are published in tenors from 1 to 30 years.

“As a global leader in regulated benchmark administration, IBA is uniquely positioned to bring the same rigorous governance, data management and technology that underpins the existing ICE Swap Rate® suite of benchmarks to the inflation swap market,” said Clive de Ruig, President of IBA.

“Amid evolving inflationary pressures and shifting central bank policies across the U.K. and Eurozone, the demand for inflation risk management tools has grown, and ICE Swap Rate® Inflation Swap benchmarks are designed to give market participants regulated, transparent reference rates to ensure certainty and predictability in inflation swap settlement,” continued de Ruig.

In addition to ICE Swap Rate® Inflation Swap benchmarks, IBA publishes ICE Swap Rate® benchmarks based on swaps referencing EURIBOR, €STR, SONIA and SOFR, and swap spreads linked to SOFR. IBA also publishes SONIA spread-adjusted and SOFR spread-adjusted ICE Swap Rate® settings.

ICE Swap Rate® is designated as a “critical benchmark” under the U.K. Benchmarks Regulation and has been specified as a “significant benchmark” under the EU Benchmarks Regulation.

ICE Swap Rate® benchmark settings are available under licence, including for redistribution, valuation and pricing activities and for use in transactions and financial products. Prospective licensees should contact IBA's licensing team at [email protected].

About ICE Benchmark Administration

ICE Benchmark Administration is authorized and regulated by the U.K. Financial Conduct Authority for the regulated activity of administering a benchmark under the Financial Services and Markets Act 2000 and the U.K. Benchmarks Regulation and is recognised by the European Securities and Markets Authority as an administrator of significant benchmarks located in a third country under the EU Benchmarks Regulation. IBA reserves all rights in the ICE Swap Rate benchmark methodology and settings. ICE Swap Rate and ICE Benchmark Administration are registered trademarks of IBA and/or its affiliates. The "SONIA" mark is used under licence from the Bank of England (the benchmark administrator of SONIA), and the use of such mark does not imply or express any approval or endorsement by the Bank of England. "Bank of England" and "SONIA" are registered trademarks of the Bank of England. IBA is not affiliated with the New York Fed. The New York Fed does not sanction, endorse, or recommend any products or services offered by IBA.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.

Category: Exchanges

SOURCE: Intercontinental Exchange

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), one of the world’s leading providers of financial market technology and data powering global capital markets, today announced that the European Securities and Markets Authority (ESMA) has granted recognition to ICE Data Indices (IDI) as a third country benchmark administrator under Article 32 of the EU Benchmarks Regulation (EU BMR).

This important recognition decision means that the 100 Climate Transition and Paris-Aligned Benchmarks currently offered by IDI remain available for use by ‘supervised entities’ in the European Union.

The IDI Climate Transition and Paris-Aligned Benchmarks form part of the Climate Index series (“Climate Indices”) offered by IDI which is a range of fixed income indices that incorporate ESG screening criteria along with a carbon reduction methodology to meet our clients’ demand for indices that support the transition to net zero carbon emissions by 2050. The Climate Indices represent different currencies and emissions metrics, and include indices such as the:

ICE Euro Corporate Climate Transition CTB Index (ER00CTB) ICE Sterling Corporate Climate Transition Absolute Emissions CTB Index (UR00CTBA) ICE Emerging Markets Corporate Plus Paris-Aligned Absolute Emissions PAB Index (EMCBPABA) ICE US High Yield Paris-Aligned PAB Index (H0A0PAB) ICE Global Corporate Paris-Aligned Absolute Emissions PAB Index (G0BCPABA) “With the ongoing demand for responsible and sustainable investing, the goal of carbon reduction has become even more important for investors,” said Preston Peacock, Head of ICE Data Indices. “Receiving this recognition from ESMA expands our reach and further supports our efforts to continue helping investors make more informed decisions to achieve their emission reduction goals.”

IDI administers a number of other benchmarks which are not currently in scope of the EU Benchmarks Regulation.

In addition to being recognized by ESMA, IDI is also recognized as a third country benchmark administrator by the U.K. Financial Conduct Authority.

ICE is a leading provider of indices, with over $2 trillion total assets under management benchmarked to ICE Indices, and a deep expertise administering and publishing indices used throughout global markets. Its broad offering includes over 8,000 global equity, fixed income, commodity and foreign exchange indices to support benchmarking and performance measurement by investors, backed by a 50-year track record.

For more information about ICE indices, visit https://www.ice.com/fixed-income-data-services/index-solutions/fixed-income-indices.

For more information about ICE’s corporate climate indices, please visit: Sustainability Indices.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.

Category: Fixed Income and Data Services

SOURCE: Intercontinental Exchange

Enables Institutional Investors and asset managers to estimate counterparty price commitment prior to indicating intent to trade

T. Rowe Price Signs On As Anchor Client

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced the launch of ICE Compass, an AI-powered trading analytics platform that gives buy-side fixed income trading desks prioritized trader counterparty rankings and price estimates before executing trades. T. Rowe Price, which provided valuable feedback during the development process and beta testing, has signed on as an anchor client.

ICE Compass enables customers to combine their own real-time and historical trading data with ICE’s market data and pricing streams, as well as the millions of bids and offers, indications of interest and other pricing data points that they receive from trading counterparties each day. The model tracks intraday market movements, trading costs and trading behaviors to generate estimates that help support counterparty selection and pre-trade cost analysis.

“Since our founding, innovation and electronification of markets have been key components of the company’s DNA,” said Chris Edmonds, President of ICE’s Fixed Income and Data Services. “ICE Compass embodies those founding principles and builds on the broad platform that we’ve built around fixed income trading and data at ICE over the years to offer a new level of transparency to the pre-trade lifecycle.”

ICE Compass is built on ICE’s proprietary data assets, including ICE Continuous Evaluated Pricing, fixed income liquidity metrics and indices. The Compass data model improves over time and is continuously refined as new trading data is incorporated. By applying AI and data science expertise, the ICE Compass platform is able to estimate trading counterparty price commitment prior to indicating trading intent and ranks trading counterparties on the competitiveness of their prices across corporates and sovereign bonds globally.

“Finding useful, pre-trade intelligence in the enormous amount of data that buyside firms are bombarded with each day has become increasingly difficult,” said Varun Pawar, Chief Product Officer, Data Services at ICE. “By pooling together data from across firms, trading counterparties and ICE’s vast data warehouse, we’re able to create a pre-trade view of dealer rankings and final cost-of-trade estimates across the market, giving customers a powerful new tool for optimizing their trading strategies and managing risk.”

“At T. Rowe Price, we are focused on using data, technology, and market insight to make faster, more informed trading decisions and enhance execution outcomes for our clients,” said Dwayne Middleton, Global Head of Fixed Income Trading at T. Rowe Price. “Our collaboration with ICE on Compass reflects that priority and supports our continued evolution toward a more transparent, data-driven, and scalable trading model.”

ICE Compass leverages ICE’s vast fixed income and data services platform, which includes comprehensive fixed income execution, clearing and data solutions that can help enhance market insights, manage risks, and uncover investment opportunities. ICE provides fixed income evaluations on approximately three million instruments, reference data across global markets, and indices across all asset classes, with $2 trillion in AUM benchmarked to them. For connectivity and data access, ICE offers a suite of desktop solutions and data feeds, as well as the ICE Global Network, which offers high-quality content, delivery and execution services through ultra-secure, highly resilient fiber and wireless networks.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.

Category: Fixed Income and Data Services

SOURCE: Intercontinental Exchange

On June 10, 2026, we present a DCF analysis for Intercontinental Exchange Inc ICE , a company that has seen a significant decline in its stock price over the past year. The current price of ICE stands at $141.56, reflecting a year-to-date drop of 12.3% and an 18.6% decrease over the past year. Below are key points from our analysis:

DCF Earnings-based intrinsic value of $128.85 vs current price of $141.56 (margin of safety: -9.9%) DCF FCF-based intrinsic value of $134.64 vs current price (second opinion: -5.1% margin of safety) GF Score™ of 88/100 indicates a high reliability of the DCF inputs What Is ICE Worth? DCF Earnings-Based Model The DCF earnings-based model for ICE utilizes a two-stage approach, where we first project earnings growth over the next ten years, followed by a terminal growth phase. The assumptions used in this model are detailed in the table below:

Parameter Value Current EPS (TTM, excl. non-recurring) $7.58 10-Year Growth Rate 10.9% 10-Year Treasury Rate 4.53% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% In the growth phase (Years 1-10), we project that EPS will grow at an annual rate of 10.9%, which is then discounted at a rate of 11%. The terminal phase (Years 11-20) assumes a slower growth rate of 4%, also discounted at 11%. The calculation summary is as follows:

Stage Description Value Growth Stage (Years 1-10) EPS growing at 10.9%, discounted at 11% $75.43 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $53.42 Intrinsic Value Growth + Terminal $128.85 Comparing the current price of $141.56 with the intrinsic value of $128.85 indicates that ICE is fairly valued, with a margin of safety of -9.9%. It is important to note that GuruFocus uses EPS excluding non-recurring items, as research shows that stock prices correlate more closely with earnings than with free cash flow. For a detailed calculation, visit the ICE DCF Calculator.

What Does the Free Cash Flow DCF Say? The free cash flow (FCF) based intrinsic value for ICE is calculated at $134.64. When we compare this with the earnings-based intrinsic value of $128.85, we find that both models suggest a similar valuation perspective. The FCF model also indicates that ICE is fairly valued, with a margin of safety of -5.1%. This consistency across both models strengthens the reliability of our valuation analysis.

How Does GF Value™ Compare to the DCF Models? The GF Value™ for ICE is calculated at $167.17, providing a third perspective on the company's valuation. GF Value™ is GuruFocus' proprietary measure that considers historical trading multiples, past business growth, and future performance estimates. While the DCF models suggest that ICE is fairly valued, the GF Value™ indicates that the stock may be undervalued by approximately 15.3%. This discrepancy highlights the importance of considering multiple valuation methods. For more information, visit the GF Value™ page.

What Does ICE's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Higher GF Score™ values have been associated with better long-term returns based on backtested data from 2006 to 2021. Below is the breakdown of ICE's GF Score™:

Metric Rating GF Score™ 88/100 Financial Strength 4/10 Profitability 8/10 Growth 10/10 Valuation 10/10 Momentum 5/10 ICE has a predictability rank of 2/5 stars, indicating that the DCF model may be less reliable for this stock. For further details, visit the ICE stock page.

Key Assumptions and Limitations It is important to note that DCF models are highly sensitive to the assumptions made regarding growth rates and discount rates. Stocks with low predictability ratings tend to produce less reliable DCF estimates. Additionally, the terminal growth rate of 4% is a simplifying assumption that may not reflect actual future performance.

What This Means for Investors In synthesizing the three valuation models—DCF earnings, DCF FCF, and GF Value™—we find that ICE is currently fairly valued. The DCF models suggest a slight overvaluation, while the GF Value™ indicates potential undervaluation. Overall, investors should consider these insights when evaluating ICE's stock. For the full DCF analysis, visit the ICE DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.

Frequently Asked Questions What is ICE's intrinsic value based on DCF?

[Answer: earnings-based $128.85, FCF-based $134.64]

Is ICE overvalued or undervalued?

[Answer using DCF + GF Value™ consensus]

How reliable is the DCF model for ICE?

[Answer using predictability rank 2/5]

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].