ICE Reports Uptick in Q3 Revenues Despite Market Uncertainty
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ICE Reports Uptick in Q3 Revenues Despite Market Uncertainty
Intercontinental Exchange (ICE), a global network of exchanges and clearinghouses, announced its third quarter results for 2018 today. Despite uncertain market conditions, the company still managed to see an uptick in revenue – marking the 22nd consecutive quarter of year-over-year revenue growth.
In the third quarter, which ended on September 30, 2018, ICE achieved a consolidated revenue of $1.2 billion. This figure is comprised of data and listings revenue and trading and clearing revenue, representing an overall increase of 5 per cent year-on-year.
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Revenue for ICE’s data and listing segment was $642 million ... (read more)
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