Discontinued — last reported Q3 '20
Business Segments · Transaction-based expenses
Trading and Clearing Segment — Transaction-based expenses
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ3 2019
Last reportedQ3 2020
Rolls up toTotal Cost of Revenue
How to read this metric
An increase often correlates with higher trading volumes, but disproportionate growth relative to revenue may indicate margin compression.
Detailed definition
These are the direct costs associated with facilitating trades and clearing services, such as routing fees, rebates, and...
Peer comparison
Similar to liquidity rebates and routing costs reported by other exchange operators.
Metric ID:
ice_segment_trading_and_clearing_segment_transaction_based_expensesSimilar Metrics at Other Companies
Frequently Asked Questions
- What does trading and clearing segment — transaction-based expenses mean?
- The direct costs incurred to execute and clear trades.