Intercontinental Exchange

iCIMS Appoints Joseph Benjamin as Chief Technology Officer and Eric Connors as Chief Product Officer

Retrieved on: 
목요일, 5월 9, 2024

HOLMDEL, N.J., May 9, 2024 /PRNewswire/ -- iCIMS announced two key appointments to its executive team. Joseph Benjamin will join as Chief Technology Officer (CTO), effective next week, and Eric Connors joined the organization earlier this year as Chief Product Officer (CPO). Benjamin and Connors will lead the technology and product teams behind the company's award-winning product portfolio and continue the acceleration of iCIMS' longstanding artificial intelligence (AI) program. Benjamin and Connors succeed Al Smith, who is retiring after nearly 10 years of scaling the iCIMS platform to become a global leader that enables millions of talent acquisition (TA) professionals to hire and retain hundreds of millions of people every year.

Key Points: 
  • Joseph Benjamin will join as Chief Technology Officer (CTO), effective next week, and Eric Connors joined the organization earlier this year as Chief Product Officer (CPO).
  • Benjamin and Connors will lead the technology and product teams behind the company's award-winning product portfolio and continue the acceleration of iCIMS' longstanding artificial intelligence (AI) program.
  • Benjamin and Connors will lead the technology and product teams and continue the acceleration of iCIMS' AI program.
  • Benjamin served in several senior technology roles at Oracle and DataLogix, Inc. over the course of 17 years.

ICE Clear Credit Adds Royal Bank of Canada as a Clearing Member

Retrieved on: 
목요일, 5월 9, 2024

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Royal Bank of Canada (RBC), Canada’s largest bank by capitalization and designated as one of the global systemically important banks, has become a clearing member at ICE Clear Credit LLC, the leading global clearinghouse for credit default swaps.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Royal Bank of Canada (RBC), Canada’s largest bank by capitalization and designated as one of the global systemically important banks, has become a clearing member at ICE Clear Credit LLC, the leading global clearinghouse for credit default swaps.
  • ICE Clear Credit provides a comprehensive product offering, robust mark-to-market services and state-of-the-art risk management approach.
  • “RBC is one of the largest banks in North America and globally, and we’re very pleased to have them join ICE Clear Credit as a clearing member,” said Stan Ivanov, President of ICE Clear Credit.
  • For more information about ICE Clear Credit, please visit: https://www.ice.com/clear-credit .

Brent Capron Joins Corgan as NY Interiors Studio Design Director

Retrieved on: 
수요일, 5월 8, 2024

Global architecture and design firm Corgan is pleased to announce that Brent Capron has joined the firm as Interiors Studio Design Director and Associate Principal for its New York office.

Key Points: 
  • Global architecture and design firm Corgan is pleased to announce that Brent Capron has joined the firm as Interiors Studio Design Director and Associate Principal for its New York office.
  • With more than 25 years of experience in the design industry, Capron will lead the creative endeavors of Corgan’s corporate interiors practice in New York, while nurturing and expanding client relationships.
  • View the full release here: https://www.businesswire.com/news/home/20240508825799/en/
    Brent Capron has joined global architecture and design firm Corgan as Interiors Studio Design Director and Associate Principal for its New York office.
  • Corgan ranks #6 in Interior Design’s giants of design for 2024 and its sectors rank #2 in transportation, #3 for education, #7 for sustainability, #7 for office design, and #18 for healthcare.

ICE Mortgage Monitor: Historically Strong Home Price Growth Pushes U.S. Mortgage Holders’ Tappable Equity to Record $11T

Retrieved on: 
월요일, 5월 6, 2024

Though U.S. home price growth slowed modestly on an annual basis, according to the ICE Home Price Index, March marked the third consecutive occurrence of above-average monthly gains.

Key Points: 
  • Though U.S. home price growth slowed modestly on an annual basis, according to the ICE Home Price Index, March marked the third consecutive occurrence of above-average monthly gains.
  • Existing homeowners, on the other hand, continue to reap the benefits of historically strong price gains.
  • This is helping to keep home price growth resilient even though demand is down.
  • Of that, a record $11T is tappable, meaning available for a homeowner to leverage while retaining a 20% equity cushion in the property.

ICE Benchmark Administration Launches ‘Beta’ USD SOFR ICE Swap Rate® Swap Spreads and EUR €STR ICE Swap Rates®

Retrieved on: 
금요일, 5월 3, 2024

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that ICE Benchmark Administration Limited (IBA) has launched indicative, ‘Beta’ versions of its USD SOFR ICE Swap Rate® Swap Spreads and EUR €STR ICE Swap Rates®.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that ICE Benchmark Administration Limited (IBA) has launched indicative, ‘Beta’ versions of its USD SOFR ICE Swap Rate® Swap Spreads and EUR €STR ICE Swap Rates®.
  • The indicative, ‘Beta’ USD SOFR ICE Swap Rate Swap Spreads and EUR €STR ICE Swap Rates settings are determined using IBA’s published ICE Swap Rate “Waterfall” calculation methodology and are available here .
  • “We are pleased to support the expansion of the ICE Swap Rate® benchmark to include SOFR swap spreads and €STR swap rates,” said Clive de Ruig, President of IBA.
  • IBA will announce in due course when USD SOFR ICE Swap Rate Swap Spreads and EUR €STR ICE Swap Rates settings will be made available for use by licensees as a benchmark in financial instruments.

Intercontinental Exchange Reports April 2024 Statistics

Retrieved on: 
금요일, 5월 3, 2024

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today reported April 2024 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.
  • Total average daily volume (ADV) up 36% y/y; open interest (OI) up 23% y/y, including record OI of 94.0M lots on April 24
    Energy ADV up 30% y/y; OI up 25% y/y, including record OI of 62.0M lots on April 24
    Total Oil ADV up 32% y/y, including record options of 309k lots; OI up 22% y/y
    Brent ADV up 21% y/y, including record options of 274k lots; OI up 13% y/y, including record options OI of 3.5M lots on April 24
    WTI ADV up 60% y/y; OI up 22% y/y
    Gasoil ADV up 37% y/y; OI up 50% y/y, including record options OI of 194k lots on April 30
    Other Crude & Refined products ADV up 40% y/y; OI up 27% y/y
    Dubai ADV up 33% y/y; OI up 6% y/y
    Record Murban ADV up 183% y/y; OI up 8% y/y
    Total Natural Gas ADV up 25% y/y; OI up 28% y/y, including record OI of 41.3M lots on April 24
    North American Gas ADV up 11% y/y; OI up 23% y/y, including record futures OI of 18.9M lots on April 24
    Record TTF Gas ADV up 77% y/y; OI up 90% y/y, including record OI of 4.5M lots on April 25
    Asia Gas ADV up 96% y/y; OI up 50% y/y
    Total Environmentals ADV up 73% y/y; OI up 27% y/y
    Coffee ADV up 37% y/y; OI up 13% y/y
    Total Financials ADV up 60% y/y; OI up 23% y/y
    Total Interest Rates ADV up 68% y/y; OI up 33% y/y
    Record SONIA ADV up 144% y/y; OI up over 200% y/y
    Euribor ADV up 43% y/y; OI up 5% y/y
    Gilts ADV up 50% y/y; OI up 38% y/y

Intercontinental Exchange Approves Second Quarter Dividend of $0.45 per Share

Retrieved on: 
목요일, 5월 2, 2024

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the SEC on February 8, 2024.

Key Points: 
  • Intercontinental Exchange (NYSE: ICE), a leading global provider of technology and data, announced today a $0.45 per share dividend for the second quarter of 2024, which is up 7% from the $0.42 per share dividend paid in the second quarter of 2023.
  • The cash dividend is payable on June 28, 2024 to stockholders of record as of June 13, 2024.
  • The ex-dividend date is June 13, 2024.

OCC Announces Director Elections at Annual Stockholder Meeting

Retrieved on: 
수요일, 5월 1, 2024

In addition, OCC announced the election of Andrej Bolkovic , OCC Chief Executive Officer, as the Management Director.

Key Points: 
  • In addition, OCC announced the election of Andrej Bolkovic , OCC Chief Executive Officer, as the Management Director.
  • The vote took place during OCC’s annual stockholder meeting on April 19, 2024.
  • The following Director was unanimously elected as a Class III Public Director for the term ending in 2027:
    Dr. Thomas R. Cardello , Founding Member, Venice Financial Management, LLC.
  • “The high caliber of leadership represented on our Board demonstrates that OCC has the capabilities necessary to achieve our objectives while fulfilling our critical obligations.”

ICE Aligns Midland WTI (HOU) Crude Quality Specifications to Match U.S. Physical Gulf Coast Crude Cargoes

Retrieved on: 
수요일, 5월 1, 2024

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that its ICE Midland WTI (ICE:HOU) futures contract is now further aligned with Midland WTI crude oil deliverable into Dated Brent and the rest of the Brent complex after ICE updated the quality specifications of the crude deliverable into the contract.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that its ICE Midland WTI (ICE:HOU) futures contract is now further aligned with Midland WTI crude oil deliverable into Dated Brent and the rest of the Brent complex after ICE updated the quality specifications of the crude deliverable into the contract.
  • The underlying crude oil quality of HOU futures now fully aligns with the globally accepted quality standard for Midland WTI crude after ICE added a maximum Iron content of 10 milligrams per kilogram (mg/kg) and replaced the combined Nickel and Vanadium maximum content with individual maximum contents of 2.0 mg/kg each.
  • “This provides the market with the only transparent source for exchange guaranteed Midland quality WTI,” said Jeff Barbuto, Global Head of Oil Markets at ICE.
  • Deliveries of Midland WTI crude oil through the HOU contract average 4.4 million barrels each month.

ICE to Provide OTC Derivatives Pricing and Risk Management Solution to Multinational Mining and Metallurgy Company Eramet S.A.

Retrieved on: 
월요일, 4월 29, 2024

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that Eramet S.A., a leading French multinational mining and metallurgy company, has selected ICE’s Portfolio Analytics platform to support pre-trade price discovery, end of day valuation for derivatives, and foreign exchange (FX) risk management.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that Eramet S.A., a leading French multinational mining and metallurgy company, has selected ICE’s Portfolio Analytics platform to support pre-trade price discovery, end of day valuation for derivatives, and foreign exchange (FX) risk management.
  • “We are well positioned to support firms like Eramet S.A., which use our robust derivatives offering as part of their Treasury activity to help mitigate risk,” said Simon Evans, Head of Client Development, EMEA at ICE Data Services.
  • “The streaming market data and analytics on ICE’s Portfolio Analytics platform provides greater transparency into the markets and can help customers generate new ideas and strategies for investment and risk management.”
    The ICE Portfolio Analytics platform offers streaming market data and on demand analytics, which include access to pricing and analytics solutions for simple to exotics cross assets OTC products, giving Eramet S.A. the ability to price and monitor their exposure on an intraday basis.
  • For more information on ICE Data Derivatives solutions, please visit: https://www.theice.com/market-data/pricing-and-analytics/derivatives .