07.19.2018

ICE Finalizes CHX Buy

07.19.2018

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. Summer Trading Network 2016
    Daily Email Feature

    Trends in Trading

    Insights from two recent industry conferences provide a snapshot of the state of innovation on the trading des...

  2. Initial focus will be on data management and analytics product development and delivery.

  3. New product addresses the specific needs of quantitative analysis and backtesting.

  4. SIP Speeding Up

    Firms says latency from Nasdaq in Carteret, NJ to TMX is less than 1.940 ms one-way.

  5. The GRSS acquisition strengthens the Euronext index franchise.