Other

Cash liquidity payments, routing and clearing

Intercontinental Exchange Cash liquidity payments, routing and clearing increased by 8.0% to $689.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 39.5%, from $494.00M to $689.00M. Over 4 years (FY 2021 to FY 2025), Cash liquidity payments, routing and clearing shows an upward trend with a 6.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Higher payments may be necessary to maintain market depth during periods of low volatility or high competition.

Detailed definition

These represent rebates or incentives paid to market participants to encourage the provision of liquidity on the exchang...

Peer comparison

Standard for exchange operators; peers often report this as a contra-revenue item.

Metric ID: other_liquidity_payments

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$386.00M$437.00M$444.00M$509.00M$476.00M$418.00M$442.00M$457.00M$392.00M$370.00M$403.00M$444.00M$442.00M$452.00M$465.00M$494.00M$569.00M$596.00M$638.00M$689.00M
QoQ Change+13.2%+1.6%+14.6%-6.5%-12.2%+5.7%+3.4%-14.2%-5.6%+8.9%+10.2%-0.5%+2.3%+2.9%+6.2%+15.2%+4.7%+7.0%+8.0%
YoY Change+23.3%-4.3%-0.5%-10.2%-17.6%-11.5%-8.8%-2.8%+12.8%+22.2%+15.4%+11.3%+28.7%+31.9%+37.2%+39.5%
Range$370.00M$689.00M
CAGR+13.0%
Avg YoY Growth+10.4%
Median YoY Growth+12.0%
Current Streak7 quarters growth

Frequently Asked Questions

What is Intercontinental Exchange's cash liquidity payments, routing and clearing?
Intercontinental Exchange (ICE) reported cash liquidity payments, routing and clearing of $689.00M in Q1 2026.
How has Intercontinental Exchange's cash liquidity payments, routing and clearing changed year-over-year?
Intercontinental Exchange's cash liquidity payments, routing and clearing increased by 39.5% year-over-year, from $494.00M to $689.00M.
What is the long-term trend for Intercontinental Exchange's cash liquidity payments, routing and clearing?
Over 4 years (2021 to 2025), Intercontinental Exchange's cash liquidity payments, routing and clearing has grown at a 6.7% compound annual growth rate (CAGR), from $1.77B to $2.30B.
What does cash liquidity payments, routing and clearing mean?
Payments made to traders to encourage them to provide liquidity on the exchange.