ICE rose in pre-market trading after its third-quarter results and the announcement that it partnered with and invested in Trade[XYZ] to pursue a CFTC-approved, 24/7 perpetual-futures venue in the U.S. The expansion creates a new regulated derivatives-market opportunity for ICE while the company also reported quarterly revenue and adjusted earnings. Broader exchange and financial-data peers were generally higher, adding some support.
ICE rose in pre-market trading after its third-quarter results and the announcement that it partnered with and invested in Trade[XYZ] to pursue a CFTC-approved, 24/7 perpetual-futures venue in the U.S. The expansion creates a new regulated derivatives-market opportunity for ICE while the company also reported quarterly revenue and adjusted earnings. Broader exchange and financial-data peers were generally higher, adding some support.