Public | |
Traded as | : ICE S&P 500 Component |
Industry |
Business services Financial services Financial Markets Technology |
Founded | May 11, 2000 |
Founder | Jeffrey Sprecher |
Headquarters | Atlanta, Georgia, United States |
Key people
|
Jeffrey Sprecher (Chairman and CEO) Charles Vice (Vice Chairman) Benjamin Jackson (President) |
Products |
Clearing Exchange Listing Financial Data |
Revenue | US$ 5.83 billion (2017) |
US$ 2.38 billion (2017) | |
US$ 2.54 billion (2017) | |
Total assets | US$ 78.26 billion (2017) |
Total equity | US$ 16.95 billion (2017) |
Number of employees
|
4,952 (2017) |
Subsidiaries | |
Website | www |
Footnotes / references |
Intercontinental Exchange is an American company that owns exchanges for financial and commodity markets, and operates 23 regulated exchanges and marketplaces. This includes ICE futures exchanges in the United States, Canada and Europe, the Liffe futures exchanges in Europe, the equity options exchanges and OTC energy, credit and equity markets.
ICE also owns and operates 6 central clearing houses: ICE Clear Europe, ICE Clear U.S., ICE Clear Canada, ICE Clear Singapore, ICE Clear Netherlands, ICE Clear Credit and The Clearing Corporation. ICE has offices in New York, London, Chicago, Houston, Winnipeg, Amsterdam, Calgary, Washington, D.C., San Francisco, Tel Aviv and Singapore.
Jeffrey C. Sprecher was a power plant developer who spotted a need for a seamless market in natural gas used to power generators. In the late 1990s, Sprecher acquired Continental Power Exchange, Inc. with the objective of developing an Internet-based platform to provide a more transparent and efficient market structure for OTC energy commodity trading.(Popper 2013)
In May 2000, ICE was founded by Sprecher and backed by Goldman Sachs, Morgan Stanley, BP, Total, Shell, Deutsche Bank and Société Générale who represent some of the world's largest energy traders.