74.87 0.00 (0.00%)
After hours: 5:09PM EST
|Bid||73.20 x 800|
|Ask||75.18 x 1000|
|Day's Range||74.54 - 75.18|
|52 Week Range||67.70 - 82.65|
|Beta (3Y Monthly)||0.39|
|PE Ratio (TTM)||21.83|
|Earnings Date||May 2, 2019|
|Forward Dividend & Yield||1.10 (1.47%)|
|1y Target Est||85.28|
CEO of Intercontinental Exchange Inc (NYSE:ICE) Jeffrey C Sprecher sold 92,502 shares of ICE on 02/20/2019 at an average price of $74.33 a share.
Nearly all UK-based clearing of euro-denominated repo and government bond trades moved to Paris this week, the London Stock Exchange's clearing arm said on Thursday in a step partly aimed at easing European Union concerns ahead of Brexit. LCH's dominance in London of clearing euro-denominated trades has become a political battleground as Britain prepares to leave the bloc next month, taking it outside EU financial law. Paul Elkins, head of product development at RepoClear LCH, said its Paris clearing operation handled more than 700 billion euros (608 billion pounds) of euro-denominated repo and government debt transactions on Wednesday, leaving only a "residual" amount at the London operation.
Another day, another gain, though they're increasingly tepid. The S&P 500 mustered a 0.18% advance yesterday, while the Nasdaq barely closed out in the black.CVS Health (NYSE:CVS) was the biggest drag. Shares of the drugstore chain fell more than 8% in response to a disappointing 2019 outlook.Fortunately, there were enough names like Freeport-McMoRan (NYSE:FCX) and PG&E (NYSE:PCG) to keep the broad market out of the red. Freeport-McMoRan gained 2.1% yesterday, making good on the recent recovery hints the stock has dropped. PG&E, meanwhile, was up 2.7% on Wednesday as investors continue to have hope for life after bankruptcy. Citigroup upgraded it to a "buy" on Tuesday, anticipating its bankruptcy court proceeding would treat the company more gently than first presumed.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHeaded into Thursday's session, the stock charts of Intercontinental Exchange (NYSE:ICE), Western Digital (NASDAQ:WDC) and H & R Block (NYSE:HRB) are of the most interest. Curiously, most of the best budding prospects are on the bearish side of the fence. Western Digital (WDC)Just a few weeks ago, Western Digital was untouchable. The computer storage industry was in trouble thanks to too much supply and too little demand. * 7 Healthy Dividend Stocks to Buy for Extra Stability Much has changed in the meantime. The rhetoric doesn't suggest the foreseeable future will be more profitable than the recent past, but the chart says fresh money is being put back into the stock. There's one last hurdle to clear, but there's enough bullish momentum to get that rebound effort going in earnest. Click to Enlarge • The big technical ceiling is around $49.25, plotted with a blue dashed line on the daily chart, where WDC has topped out a few times since November.• Beckoning the stock higher from its current value is the gap that was left behind in October. The upper edge of that range is marked with a yellow line. Broadly speaking, the market doesn't leave gaps unfilled.• Zooming out to the weekly chart we can see the December low around $34.70 lined up with 2016's low around the same. The bulls may have already planned a recovery effort here anyway, regardless of the rhetoric. Intercontinental Exchange (ICE)If Intercontinental Exchange rings a bell, there's a reason. It's one of the stock charts we've revisited multiple times in recent weeks, highlighting the fact that it's increasingly toying with a breakdown.That's yet to happen. In fact, the couple of times since it's been on our radar it looked like it was finally going to break down, it recovers. The tide, however, may have just flipped into a net-bearish position. One more floor needs to break first before the deal is sealed. Click to Enlarge• The last-ditch support line is right around $72.00, plotted with a yellow dashed line on both stock charts.• The weekly chart shows, with just a cursory glance, a slowdown of 2017's and 2018's momentum, but the selling doesn't appear to be unmanageable yet. Take a closer look though, and you'll see the purple 50-day moving average line just fell below the white 200-day average line… the proverbial 'death cross.'• Bolstering the bearish interpretation here is the fact that peer and rival CME Group (NASDAQ:CME) is behaving similarly. When stocks from the same group start to mirror one another, it's often part of a sweeping tidal shift. H & R Block (HRB)One would think H & R Block shares would thrive at a time of year when taxes are on everybody's mind. And, we've seen occasional flashes of bullish brilliance during the early parts of the year. None of them have really gone anywhere though, and of late, this has actually been a bearish time of year. Since 2016, February and March have been losers more often than not.HRB stock is knocking on the door of making 2019 the third February/March loser in the past four years. Click to Enlarge • The make-or-break line in the sand is $23.60, plotted with a blue dashed line on both stock charts. It's starting to test that floor in the shadow of a multi-year streak of lower highs.• If the breakdown does end up taking hold, the next most plausible floor is the 2016/2017 lows just under $20.00, marked with a red dashed line.• Still, H & R Block shares have been amazingly erratic, and unpredictable. Any trade must be monitored daily.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now * 7 Restaurant Stocks to Watch in 2019 Compare Brokers The post 3 Big Stock Charts for Thursday: H & R Block, Western Digital and Intercontinental Exchange appeared first on InvestorPlace.
NEW YORK , Feb. 20, 2019 /PRNewswire/ -- IPC , a leading global provider of secure, compliant communications and networking solutions for global financial market participants, announced it will include ...
Intercontinental Exchange, Inc. (ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced today that Scott Hill, ICE’s Chief Financial Officer, plans to present at the Raymond James 40th Annual Institutional Investors Conference. Intercontinental Exchange (ICE) is a Fortune 500 company formed in the year 2000 to modernize markets. ICE serves customers by operating the exchanges, clearing houses and information services they rely upon to invest, trade and manage risk across global financial and commodity markets.
Intercontinental Exchange, Inc. , a leading operator of global exchanges and clearing houses and provider of data and listings services, today launched new Marine Fuel 0.5% futures contracts in advance of the implementation of the 0.5% sulphur cap by the International Maritime Organization in 2020.
A proposal to blunt the advantages of ultrafast traders in one corner of the futures market is threatening to shake up the high-frequency trading world. Exchange giant Intercontinental Exchange Inc., known as ICE, quietly unveiled a plan earlier this month to impose a three-millisecond “speed bump”—or brief delay—on some trades in gold and silver futures. The commission has until May 14 to determine whether the speed bump can go into effect.
Key InsightsThe European Securities and Markets Authority said it will recognize clearinghouses run by the London Stock Exchange Group Plc, London Metal Exchange and Intercontinental Exchange Inc. if the U.K. leaves the EU without a withdrawal deal in placeEU and U.K. regulators have previously taken steps toward the formal decision on Monday, including an agreement on sharing market dataClearinghouses are a key part of the financial system, accepting collateral from buyers and sellers to ensure a default on one side doesn’t spread panic through financial marketsThe decisions would take effect on the date following Brexit day under a no-deal scenario. The U.K. is scheduled to leave on March 29ESMA said it is still working to recognize U.K. systems used to settle securities.
LONDON (Reuters) - Exchange operator Intercontinental Exchange said on Monday that its European derivatives clearing platform has been given clearance to continue to serve European Union clients even if ...
Europe's financial markets regulator has granted approval to UK-based derivatives clearing houses to continue serving EU clients if there's a no-deal Brexit, a major boost to London's battle to remain ...
Intercontinental Exchange (ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced today that, in the event of a no-deal Brexit scenario, ICE Clear Europe has been recognized as a third-country central counterparty (CCP) in accordance with the European Market Infrastructure Regulation (EMIR). “We are pleased to receive this recognition, which means that ICE Clear Europe can continue to service all its clearing members and customers, including those based in the EU, in the event of the UK leaving the European Union without a withdrawal agreement,” said Finbarr Hutcheson, President of ICE Clear Europe.
The three largest U.S. stock exchange operators said they will sue the Securities and Exchange Commission for overstepping its authority by ordering a pilot program to test banning lucrative payments exchanges make to brokers for resting stock orders. "We disagree with the government overreach, and this really represents an unprecedented attempt by the SEC to distort the free market mechanisms that govern the competition among trading venues," Michael Blaugrund, head of transactions at NYSE, told reporters in New York on Friday. Intercontinental Exchange Inc's NYSE, Nasdaq Inc, and Cboe Global Markets, which together operate 13 of the 14 U.S. stock exchanges, each filed separate notices that they intend to sue the SEC.
CME Group (CME) Q4 reflects increased volatility and higher customer demand for diverse risk management products driving strong trading volumes.
Intercontinental Exchange (ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced the launch of ICE Bonds, which offers access to deep liquidity pools, multiple trading protocols and a vast breadth of fixed income data and analytics. ICE Bonds brings together ICE BondPoint, TMC Bonds and ICE Credit Trade under a single management team and will leverage the continuous and end-of-day fixed income pricing and analytics offered by ICE Data Services. ICE Bonds offers multiple anonymous and disclosed trading protocols, including click-to-trade, request-for-quote and portfolio auctions, and provides access to Corporates, Municipals, Treasuries, Agencies and Certificates of Deposit.
The Atlanta-based exchange plans a 3-millisecond trading delay, or speed bump, for its gold and silver futures contracts, according to a regulatory filing. Michael Lewis’s 2014 book, “Flash Boys,” popularized the idea of using speed bumps to curb the light-speed pace of modern financial markets and prevent alleged abuses of so-called high-frequency traders. Lewis’s protagonists, the founders of IEX Group Inc., introduced a delay on their stock exchange in 2016, and a tiny equities market ICE owns, NYSE American, also has one.
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Crude oil for March delivery on the New York Mercantile Exchange rose 2.17% to trade at $54.27 a barrel by 10:32 AM ET (15:32 GMT), compared with $54.23 ahead of the report.
Investing.com - Oil prices rallied on Tuesday, after OPEC significantly reduced its crude output in January, making good on its latest deal to curb production and stave off a global glut in supplies.
The world’s two biggest energy exchanges have taken their fierce rivalry to Houston, Texas in pursuit of business linked to the millions of barrels of shale oil arriving in the city every day. introduced duelling futures contracts that track the price of West Texas Intermediate crude as delivered at the coastal city. At the moment, oil markets in the Gulf coast region lack widely traded derivatives contracts, which is a potential problem for companies trying to hedge risks.
Investing.com - Oil prices were lower to start the week on Monday, with nothing happening over the weekend to stop a week-long downward drift on concerns about slowing growth and emerging oversupply.