Intercontinental Exchange Sees Increased Q2 Profits Amid Strong Trading

Reported 2 months ago

Intercontinental Exchange (ICE) reported a rise in second-quarter profits due to strong trading performance, particularly in energy markets amid rising volatility from geopolitical tensions. Trading volumes surged notably, with energy trades up by 31% and natural gas volumes increasing by 36%. The company's total revenue from its exchange business reached $1.25 billion, marking a significant year-over-year increase.

Source: YAHOO

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