Intercontinental Exchange Intrinsic Stock Value – Intercontinental Exchange Adds Crypto Options Data to Consolidated Feed

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Intercontinental Exchange ($NYSE:ICE) (ICE) is a leading global network of exchanges and clearing houses. It operates markets for financial and commodity products, including futures and options, equities, fixed income, derivatives, and energy and commodities. Recently, ICE has incorporated crypto options data into its consolidated data feed, providing customers with better access to a range of cryptocurrency markets. The consolidated data feed, which is accessible via ICE Data Services, provides customers with access to real-time and historical market data from multiple sources. This includes information on ICE’s global futures markets, options markets, equity indices, and cryptocurrency markets.

By adding crypto options data to the consolidated data feed, ICE is amplifying its commitment to providing customers with an ever-evolving selection of asset classes. The crypto options data included in the consolidated data feed is intended to offer customers greater insight into the cryptocurrency market, including spot prices, crypto futures contracts, options prices and volumes, and open interest. As the cryptocurrency market continues to evolve and grow, ICE hopes that its consolidated data feed will help customers make more informed investment decisions.

Share Price

On Thursday, Intercontinental Exchange (ICE) announced that it has added cryptocurrency options data to its Consolidated Feed. The impact of this news was immediately reflected in ICE’s stock price, which opened at $122.7 and closed at $123.3, up by 1.5% from its previous closing price of $121.5. With the addition of cryptocurrency options data, these financial institutions can now monitor options activities related to major cryptocurrencies such as Bitcoin and Ethereum. This marks a significant step forward in the integration of cryptocurrencies into the mainstream financial market.

This announcement further strengthens ICE’s position as a leader in providing financial services related to the emerging digital asset industry. With its consolidated feed now including cryptocurrency options data, ICE is well-positioned to become the go-to source for all major cryptocurrency-related data. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Intercontinental Exchange. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Intercontinental Exchange. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Intercontinental Exchange. More…

Key Ratios Snapshot

Some of the financial key ratios for Intercontinental Exchange are shown below. More…

Analysis – Intercontinental Exchange Intrinsic Stock Value

GoodWhale has conducted an analysis of INTERCONTINENTAL EXCHANGE’s wellbeing, and our proprietary Valuation Line has revealed a fair value of around $129.7 for its shares. Currently, the stock is being traded at a price of $123.3 – 4.9% lower than the fair value. Investors should keep an eye out for potential buying opportunities at this attractive price. More…

Peers

The company operates in four segments: Trading and Clearing, Data and Listings, Futures and Options, and Connectivity and Technology Solutions. ICE has a market capitalization of $38.72 billion and its competitors are London Stock Exchange Group PLC (LSEG), Singapore Exchange Ltd (SGX), and TMX Group Ltd (TMX).

– London Stock Exchange Group PLC ($LSE:LSEG)

London Stock Exchange Group PLC is a United Kingdom-based financial services holding company. The Company’s business activities include capital formation, global benchmarking and risk management. It operates through capital markets, post trade services and information services divisions. Capital markets division comprises equity and debt capital markets, including primary and secondary market activities, and global depositary receipts (GDRs). Post trade services division offers clearing, settlement, custody and information products and services for fixed income securities, derivatives, exchange traded products (ETPs), commodities and cash equities. Information services division comprises real-time market data, indices, analytics and trading platforms. It operates in over 50 countries and territories.

– Singapore Exchange Ltd ($SGX:S68)

Singapore Exchange Ltd has a market cap of 8.94B as of 2022. The company has a Return on Equity of 23.35%. SGX is a Singapore-based company that operates a securities and derivatives exchange. The company also offers clearing, settlement and depository services.

– TMX Group Ltd ($TSX:X)

TMX Group Ltd is a Canadian financial services company that operates exchanges for multiple asset classes including equities, fixed income, derivatives, and energy. The company has a market capitalization of 7.14 billion as of 2022 and a return on equity of 13.93%. TMX Group Ltd is headquartered in Toronto, Canada.

Summary

Intercontinental Exchange (ICE) has recently announced the addition of options data to its consolidated market data feed, providing investors with an improved look at the entire crypto market. The data includes real time and historical options prices, open interest, volume, bid/ask prices, and more. This improved visibility into the crypto market can help investors make better-informed decisions when trading options contracts. Additionally, ICE is working with Crypto Facilities Ltd. to ensure that their comprehensive market data feed covers all aspects of crypto markets, providing investors with reliable resources for evaluating and analyzing their investments.