ICE ‘Bonds’ Acquisitions into Fixed-Income Powerhouse

In this profile of the Intercontinental Exchange, Lynn Martin explains how the company’s ICE Data Services unit is creating a unified offering with fixed income data at its core, after a series of acquisitions that began with its purchase of IDC in 2015.

In October 2015—almost four years before the London Stock Exchange Group (LSEG) announced its intention to buy Refinitiv—it was the Intercontinental Exchange (ICE) shaking up the exchange-data world with its purchase of Interactive Data Corporation (IDC). This deal would set off a string of acquisitions that would help the Atlanta-based derivatives exchange—which also owns the New York Stock Exchange—to significantly grow its presence in a new area: fixed income.  

The following October, ICE

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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