IntercontinentalExchange News

LONDON, May 25, 2012 /PRNewswire via COMTEX/ -- IntercontinentalExchange , a leading operator of global regulated futures exchanges, clearing houses and over-the-counter markets, reported record daily volume in ICE Brent Crude options of 78,508 contracts on May 24, 2012.

Shares of IntercontinentalExchange opened at 124.10 on Wednesday. IntercontinentalExchange has a 52 week low of $102.57 and a 52 week high of $142.75. The company has a market cap of $9.028 billion and a P/E ratio of 17.37. IntercontinentalExchange last announced its earnings results on Wednesday, May 2nd.

IntercontinentalExchange Inc. and Hong Kong Exchanges & Clearing Ltd. are the two companies left bidding for the London Metal Exchange, the world's biggest metals market, after the CME Group Inc.

Shares of IntercontinentalExchange opened at 125.09 on Tuesday. IntercontinentalExchange has a one year low of $102.57 and a one year high of $142.75. The company has a market cap of $9.100 billion and a P/E ratio of 17.43. IntercontinentalExchange last issued its quarterly earnings data on Wednesday, May 2nd.

BATS Europe is in talks with exchange rivals over a clearing deal that will allow the share trading platform to break into European futures and challenge incumbents NYSE Euronext and Deutsche Boerse.

The CME Group's grain markets began trading for 21 hours a day on Sunday, as the exchange tries to guard its turf against upstart IntercontinentalExchange, whose own nearly round-the-clock trade has gotten off to a tepid start.

CME Group Inc., the world's largest futures exchange, extends grain-trading hours today in response to the threat of competitors seeking a share of the electronic transactions that now dominate the market.

CME Group Inc., the world's largest futures exchange, amended a proposal for expanded trading in grains to 21 hours a day after withdrawing an earlier plan for 22 hours that drew complaints from clients.

Oil price reporting agency Platts on Thursday called for reform of the Brent contract traded on IntercontinentalExchange Inc.

A number of other firms have also recently commented on ICE. Analysts at Zacks reiterated a "neutral" rating on shares of IntercontinentalExchange in a research note to investors on Thursday, May 3rd.

The IntercontinentalExchange's most aggressive challenge yet to the CME Group's 160-year dominance of agricultural markets kicked off on Su nday with the launch of five grain and oilseed futures.

The top U.S. grain groups on Thursday called for federal regulators to delay the start of 22-hour grains trading at CME Group and rival IntercontinentalExchange.

The proposals will be considered by the board, the LME said in a statement today.

IntercontinentalExchange Inc said it has received a 90-day reprieve from regulators for implementing controversial changes to non-hedge initial margins required under new federal legislation.

Barclays reiterated its rating of Equal Weight for this company and changed its price target from $74 to $88. UBS reiterated its rating of Buy for this company and changed its price target from $100 to $104. Barclays reiterated its rating of Overweight for this company and changed its price target from $68 to $74. FBR Capital reiterated its rating ... (more)

California carbon allowances for delivery in 2013 closed at $15.50/tonne on Thursday, down 50 cents from a week ago, as market players held back on trading ahead of a key regulatory meeting on Friday that they hope will give new market players more clarity about their obligation in the cap-and-trade scheme.

CME Group said on Thursday it delayed the expansion of its grain trading hours, a move that gives rival IntercontinentalExchange Inc a head start in implementing nearly around-the-clock trading.

The firm currently has a "market perform" rating on the stock. Shares of IntercontinentalExchange traded up 1.34% during mid-day trading on Thursday, hitting $129.56. IntercontinentalExchange has a one year low of $102.57 and a one year high of $142.75. The company has a market cap of $9.405 billion and a P/E ratio of 18.53. The company last ... (more)

Atlanta- IntercontinentalExchange, Inc. , a leading operator of regulated global exchanges, clearing houses and over-the-counter markets, reported May 2 financial results for the first quarter of 2012.

The Atlanta-based exchange and clearinghouse benefited from an upward trend in OTC energy markets in the first quarter, while earnings at some other exchange operators, like NYSE Euronext and Nasdaq OMX, were pressured as equity trading levels languished.