Intercontinental ExchangeNYSE:ICE Stock Report

Intercontinental Exchange, Inc. Plans to Launch Its First Financially Settled Global Carbon Futures Contract (ICE: Co2) Based on the ICE Global Carbon Futures Index on January 31, 2022

Intercontinental Exchange, Inc. plans to launch its first financially settled global carbon futures contract (ICE: CO2) based on the ICE Global Carbon Futures Index on January 31, 2022. In addition, ICE is working to launch several initiatives in 2022 to further support the development of carbon credit markets globally. This includes launching ICE’s first Nature-Based Solutions futures contract, subject to regulatory approval; its first carbon credit auctions for Permian Global, a developer of large-scale tropical forest protection and restoration projects; and forming the ICE Carbon Oversight Committee to provide independent governance and oversight of ICE’s activities in the voluntary carbon markets.

Intercontinental Exchange, Inc. Announces Launch of Its Fixed Income Quotation Transparency Service

Intercontinental Exchange, Inc. announced the launch of its service that is designed to enable broker-dealers to meet the new requirements resulting from recent amendments to SEC Rule 15c2-11. The ICE solution helps broker-dealers obtain and review issuer information about fixed income securities before publishing or submitting a quotation in a quotation medium in accordance with the newly-updated rule and conditional relief provided in the SEC Staff’s December 16 No-Action Letter. In October, ICE launched a fixed income quotation transparency service specifically designed to help its customers address the impact of amendments to SEC Rule 15c2-11. ICE’s service can also assist customers in determining which fixed income securities may be eligible for the relief provided in the SEC Staff’s December 16 No-Action Letter. For example, the dataset allows customers to identify the ultimate parent in the corporate hierarchy, providing users with an indicator that can quickly show the depth of the required data elements available, supporting the customer in making a reasonable determination of whether a security is eligible for relief. The tool includes more than 15 data fields that are necessary to meet Paragraph (b) review requirements — which refer to specific, publicly-available documents and information about issuers and securities, including prospectuses, current annual and periodic reports, and annual statements — and includes URL links to EDGAR where unstructured data fields can be accessed, allowing users to easily search for additional relevant and applicable Paragraph (b) data. Data from ICE’s solution can also be leveraged by front- and mid-office customers, aligning visibility between traders and risk, as well as compliance and legal teams, within a single customer.

Intercontinental Exchange, Inc. (NYSE:ICE) acquired Risq, Inc. and Level 11 Analytics LLC.

Chief Strategy Officer exercised options to buy US$201k worth of stock.

On the 6th of December, David Goone exercised options to buy 1k shares at a strike price of around US$67.00, costing a total of US$100k. This transaction amounted to 8.2% of their direct individual holding at the time of the trade. Since December 2020, David's direct individual holding has increased from 164.14k shares to 304.94k. Company insiders have collectively sold US$31m more than they bought, via options and on-market transactions in the last 12 months.

Upcoming dividend of US$0.33 per share

Eligible shareholders must have bought the stock before 16 December 2021. Payment date: 31 December 2021. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of American dividend payers (3.6%). Lower than average of industry peers (1.8%).