Intercontinental Exchange (ICE) announced, through an official report, its financial results for the full 2020 period, as well as from Q4 of last year. The ICE is by far one of the biggest and most important financial companies on the globe. It operates the New York Stock Exchange, in addition to being a Fortune 500 company.
The company giant reported:
- A spike in energy interest by 7% (energy OI), plus a 15% increase in average daily energy volume (energy ADV) for the year, when compared to 2019.
- ICE showcased a jump in NYSE equity options average daily volume by 85% in Q4 of 2020, compared to Q4 of 2019.
- ICE also reported an increase in Equity Index OI, NYSE cash equities ADV, Record SOFR OI, Environmental OI, Sterling OI, North American natural gas OI, Crude and Refined Products, European natural gas OI and Gasoil ADV, Sugar OI, and SONIA OI.
Ben Jackson, president of the ICE, revealed that 2020 was an uncertain year high on risk and with a tendency of instability across all markets. He added that his company, in a seamless combination of “staying close to our customers and combining our world-class technology with mission-critical data and seamless connectivity, we enable our customers to capture gains in efficiency...”
Included in the official report was the ICE net income from Q2, of $523 million, which is a 10.8% increase from 2019.
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