Intercontinental Exchange Group plans to launch a new trading-only exchange in the second quarter, according to a regulatory filing.
NYSE National would be ICE’s fourth equity-trading venue and the 13th U.S. equity exchange. It will be trading-only and not have listings, the exchange operator said.
The new exchange may boost ICE’s equity market share in its ongoing battle with large rivals Nasdaq and Cboe Global Markets.
With a full field of exchanges plus several dozen dark pools and other off-exchange venues, fragmentation continues to vex market participants. Exchange operators seeking to add incremental market share say each new exchange is differentiated in some way and adds choice and order types; traders generally say the added cost and complexity associated with a new venue offset any benefit.
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150
Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.
As the digital assets industry pushes toward
Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:
$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.