| IntercontinentalExchange | (NY: ICE) |
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May 19, 2013
This article is about the publicly traded company that operates the exchange. For the exchange itself, please see The IntercontinentalExchange (ICE)
Intercontinental Exchange is a U.S. based exchange offering fully electronic trading of commodity futures, over the counter energy commodities, and primary goods such as natural gas and orange juice. Intercontinental Exchange serves as the marketplace where companies and investors, such as hedge funds, and traditional financial institutions, come together and determine commodity prices.The company earns the majority of its consolidated revenues from commission fees on over the couner trades. ICE also earns a substantial amount of revenue from market data. The company charges exchange fees (terminal fees and license fees) for real-time price information. together these are known as exchange fees.
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