Intercontinental Exchange Sees 39% Increase in Total Futures & Options ADV in December

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Intercontinental Exchange ($NYSE:ICE) (ICE) has seen a remarkable 39% increase in its Total Futures & Options ADV in December. This impressive figure adds to the list of successes enjoyed by the company in the past few years. ICE is a multinational financial and commodity exchange company, specializing in energy and commodities markets such as oil, natural gas and agricultural products. ICE also offers futures, options and OTC markets for a diverse range of industries, including commodities, interest rate products, equity indices, emissions and financial services.

The company primarily operates in North America and Europe, but also has significant presence in Asia. With its headquarters in Atlanta, Georgia, ICE has become one of the largest global exchanges for energy and commodities markets. The company’s success is largely attributed to its focus on innovation and technology, enabling it to remain ahead of the competition.

Analysis

GoodWhale recently conducted an analysis of INTERCONTINENTAL EXCHANGE‘s wellbeing. Our Star Chart shows that INTERCONTINENTAL EXCHANGE is strong in dividend, profitability, and medium in growth, but weak in asset. After examining the data, we classified the company as a ‘cow’, which typically has a track record of paying out consistent and sustainable dividends. This type of company is likely to be popular with investors who are looking for steady returns and regular payments. Furthermore, INTERCONTINENTAL EXCHANGE has a high health score of 8 out of 10 with regard to its cashflows and debt, making it capable of paying off its current debts and funding future operations. More…

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…

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) reported a strong growth in December, showing an overall 39% increase in its Total Futures & Options Average Daily Volume (ADV). These results are a testament to the company’s outstanding performance, affirming its role as a leading provider of financial products and services. The strong results demonstrate ICE’s ability to consistently provide trusted and innovative solutions for its customers.