Intercontinental Exchange (ICE): What It Is and What It Does

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Definition of 'Intercontinental Exchange (ICE): What It Is and What It Does'

The Intercontinental Exchange (ICE) is a global exchange company that operates exchanges and clearing houses for a variety of financial products, including futures, options, swaps, and securities. The company was founded in 2000 and is headquartered in Atlanta, Georgia.

ICE is one of the world's largest exchanges, with a market capitalization of over $60 billion. The company operates a number of exchanges, including the New York Stock Exchange (NYSE), the London Stock Exchange (LSE), and the Chicago Mercantile Exchange (CME). ICE also operates a number of clearing houses, which are responsible for guaranteeing the settlement of trades.

ICE is a major player in the global financial markets. The company's exchanges and clearing houses handle a significant volume of trading activity, and the company's products are used by investors and traders around the world.

ICE is a publicly traded company, and its shares are listed on the New York Stock Exchange. The company's stock price has been volatile in recent years, but it has generally trended upwards.

ICE is a major player in the global financial markets, and its products are used by investors and traders around the world. The company is a leader in the exchange and clearing of financial products, and it is likely to continue to play a major role in the global financial system.

Here are some additional details about ICE:

* The company employs over 10,000 people worldwide.
* ICE's annual revenue is over $4 billion.
* The company has a market capitalization of over $60 billion.
* ICE is a member of the S&P 500 Index.

ICE is a major player in the global financial markets, and its products are used by investors and traders around the world. The company is a leader in the exchange and clearing of financial products, and it is likely to continue to play a major role in the global financial system.

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