Intercontinental Exchange
Intercontinental Exchange (ICE) is a leading global provider of market infrastructure, data services, and technology solutions across multiple asset classes including futures, equities, fixed income, and residential mortgages. The company operates regulated exchanges and clearing houses while providing mission-critical data and automated workflow tools to financial institutions, corporations, and government entities.
Financials
Based on Q1 2026 filing
Revenue
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Exchanges
primaryOperates regulated marketplaces for listing, trading, and clearing derivatives and securities across energy, agriculture, metals, and financial asset classes. This segment includes the New York Stock Exchange (NYSE) and global futures networks, supported by related data and connectivity services.
Brent Crude Oil futures, NYSE, NYSE Arca, NYSE American, NYSE National, NYSE Chicago, Euribor, Gilts, SONIA, MSCI Index Futures, FTSE Index Futures, NYSE FAANG+ Index
Commercial hedgers, Institutional investors, Asset managers, Proprietary trading firms, Public companies
Fixed Income and Data Services
majorProvides fixed income execution, clearing for credit default swaps (CDS), and comprehensive data and analytics solutions. It offers evaluated pricing, reference data, and indices that serve as the foundation for investment and risk management workflows.
ICE Bonds, ICE Clear Credit, ICE Data Indices, ICE Global Network, ICE BondPoint, ICE TMC, ETF Hub, ICE Data Desktop Solutions
Banks, Asset managers, Wealth managers, Insurance companies, Hedge funds
Mortgage Technology
majorOffers a comprehensive digital platform that automates the U.S. residential mortgage lifecycle from application through closing and servicing. The segment aims to reduce friction and increase transparency in the mortgage supply chain through SaaS and data-driven tools.
Encompass, MERS, Data & Document Automation (DDA), Mortgage Analyzer, ICE Mortgage Technology Network
Mortgage lenders, Loan servicers, Title and settlement agents, Investors in the secondary mortgage market
Segment Financials
Exchanges — Transaction-based expenses
View metricExchanges — Revenues, less transaction-based expenses:
View metricFixed Income and Data Services — Revenues, less transaction-based expenses:
View metricCDS clearing — Rebates
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View metricBusiness Overview
Competitive Position
A dominant global operator of exchanges and clearing houses with a vertically integrated model that leverages proprietary data and technology to create high barriers to entry.
Geographies
United States, United Kingdom, European Union, Canada, Singapore, Abu Dhabi
Customer Segments
Financial Institutions, Corporations, Government Entities, Retail Traders
Upstream Dependencies
Technology hardware providers, Public cloud service providers, Third-party data sources, Telecommunications providers
Downstream Customers
Investment banks, Broker-dealers, Institutional asset managers, Mortgage originators, Corporate issuers
Competitors & Partners
Competitors
CME Group
CME
Major competitor in global derivatives and futures markets
Nasdaq, Inc.
NDAQ
Competitor in equities trading, listings, and market data
Cboe Global Markets
CBOE
Competitor in options trading and ETF listings
Tradeweb Markets Inc.
TW
Operator of competing fixed income execution venues
Coinbase Global, Inc.
COIN
Institutional market infrastructure competitor
Partners
MSCI
MSCI
Licensing partner for equity index futures and options
FTSE Russell
Licensing partner for equity index futures and options
FINRA
Regulatory oversight and membership for broker-dealer subsidiaries
Subsidiaries
New York Stock Exchange
Primary U.S. equities and listings exchange
ICE Mortgage Technology
Digital mortgage workflow and automation platform
ICE Clear Europe
U.K.-based clearing house for energy and financial derivatives
MERSCORP Holdings, Inc.
System of record for tracking mortgage ownership and servicing rights
ICE Data Indices, LLC
Administrator of fixed income and equity indices
Intercontinental Exchange FAQ
Common questions about Intercontinental Exchange
Intercontinental Exchange (ICE) is a leading global provider of market infrastructure, data services, and technology solutions across multiple asset classes including futures, equities, fixed income, and residential mortgages. The company operates regulated exchanges and clearing houses while providing mission-critical data and automated workflow tools to financial institutions, corporations, and government entities.
Intercontinental Exchange (ICE) has a market capitalization of $86.5B and trades on NYSE.
Intercontinental Exchange generated $13.1B in trailing twelve-month revenue with net income of $3.9B, representing a net margin of 30.1%, with free cash flow of $4.7B. These figures are based on the Q1 2026 filing.
Intercontinental Exchange's key competitors include CME Group Inc., Nasdaq, Inc., Cboe Global Markets, Inc., and others. These companies compete in similar markets and product categories.
Intercontinental Exchange has approximately 13,226 employees.