07.19.2018

ICE Finalizes CHX Buy

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that it has completed its acquisition of the Chicago Stock Exchange (CHX). Terms of the transaction were not disclosed. The financial impact of the acquisition is not material to ICE and will not impact capital return plans.

As previously announced CHX will continue to operate as a registered national securities exchange and will benefit from the planned deployment of the NYSE Pillar trading technology in ICE’s Chicago data center. NYSE Pillar will also provide additional functionality for the institutional equity brokerage community in Chicago.

Related articles

  1. There is growing interest in actionable insights into market data.

  2. Income Equity Fund IPOs

    ApeVue provides daily prices for around 100 non-public companies.

  3. Limited competition for benchmarks and indices, credit ratings and trading data may increase costs.

  4. The LSEG data centre will relocate from the City of London to a new London site this year.  

  5. Demand for fixed income data, already voracious, continues to increase.