Intercontinental Exchange (ICE) revealed plans to launch environmental registry technology services to support carbon markets' growth. The holding in ICE by Mediolanum International Funds Ltd was reported lower, however, analysts gave it a consensus recommendation of 'Moderate Buy'. ICE made multiple acquisitions, including the American Financial Exchange (AFX), expanding its digital lending network to over 1000 banks. Additionally, ICE recorded impressive trading volumes in Q4, with futures volume surging 22%. Its commodities trading volume broke records, as >2 Billion contracts were traded in 2024. Novel initiatives like ICE Voice, a cloud-based audio solution for traders, and collaborations like the one with Space Intelligence for launching a commodity traceability service, highlight its innovative approach. A penalty of $10 million was levied over a cyber intrusion incident. ICE also confirmed a $173 million expansion in Jacksonville, planning to establish their mortgage technology division's national headquarters.
Intercontinental Exchange ICE News Analytics from Wed, 22 May 2024 07:00:00 GMT to Sat, 01 Feb 2025 12:46:39 GMT -
Rating 8
- Innovation 7
- Rumor 1
