NYSE:ICECapital Markets
Intercontinental Exchange (ICE): Assessing Valuation After New ETF Licensing Deal Expands Index Market Presence
Intercontinental Exchange (ICE) just revealed a fresh licensing deal that could catch investors’ eyes. The company’s widely tracked indices have been selected by Global X Investments Canada to underpin four new BetaPro ETFs, which are highly leveraged products designed to match or counter the daily performance of U.S. Treasury bonds and the booming semiconductor sector. While licensing its intellectual property is not new for ICE, this partnership underscores how vital its expanding index...