Business Segments · Rebates

Fixed Income and Data Services — Rebates

Intercontinental Exchange Fixed Income and Data Services — Rebates remained flat by 0.0% to $2.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 14.3%, from $1.75M to $2.00M. Over 3 years (FY 2022 to FY 2025), Fixed Income and Data Services — Rebates shows an upward trend with a 38.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2025

How to read this metric

An increase may indicate higher competitive pressure to attract volume, while a decrease could suggest stronger platform stickiness or reduced incentive requirements.

Detailed definition

Represents incentive payments made to market participants or liquidity providers within the fixed income and data servic...

Peer comparison

Commonly referred to as liquidity rebates or volume incentives in exchange and trading platform peer groups.

Metric ID: ice_segment_fixed_income_and_data_services_rebates

Historical Data

4 years
 FY'22FY'23FY'24FY'25
Value$3.00M$5.00M$7.00M$8.00M
YoY Change+66.7%+40.0%+14.3%
Range$3.00M$8.00M
CAGR+38.7%
Avg YoY Growth+40.3%
Median YoY Growth+40.0%
Current Streak3+ years growth

Frequently Asked Questions

What is Intercontinental Exchange's fixed income and data services — rebates?
Intercontinental Exchange (ICE) reported fixed income and data services — rebates of $2.00M in Q4 2025.
How has Intercontinental Exchange's fixed income and data services — rebates changed year-over-year?
Intercontinental Exchange's fixed income and data services — rebates increased by 14.3% year-over-year, from $1.75M to $2.00M.
What is the long-term trend for Intercontinental Exchange's fixed income and data services — rebates?
Over 3 years (2022 to 2025), Intercontinental Exchange's fixed income and data services — rebates has grown at a 38.7% compound annual growth rate (CAGR), from $3.00M to $8.00M.
What does fixed income and data services — rebates mean?
Incentive payments made to participants to encourage trading activity on the platform.