IntercontinentalExchange (NYSE: ICE) IPO Will be Hot at 2005-12-04 19:53:36
IntercontinentalExchange (NYSE: ICE) will price its IPO and begin trading sometime between 11/14/05-11/18/05. The timing is excellent for electronic trading and exchanges. Just look at the success of the Chicago Merc (CME), Chicago Board of Trade (BOT), The Nasdaq Company (NDAQ), International Securities Exchange (ISE), and Archipelago (AX).
IntercontinentalExchange makes most of its money by charging transaction fees, market data fees, and trading access fees. ICE is the leading electronic global futures and OTC market.
Net Profit Margin: 20.2% compared to Chicago Board of Trade's 11% 2004 Sales (mil.) $108.4 1-Year Sales Growth 15.6% 2004 Net Income (mil.) $21.9 1-Year Net Income Growth 64.1% 2004 Employees: 200
What is traded on the IntercontinentalExchange? - Oil & Refined Products
- Natural Gas
- Electricity
- Emissions
Over 1000 different types of contracts are traded on IntercontinentalExchange
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