05.23.2018

NYSE to Launch FANG Options

05.23.2018

NYSE to Launch FANG+ Options on June 4; Offers Efficient Hedging and Exposure to Basket of Key Tech Stocks

NEW YORK – May 23, 2018 – The New York Stock Exchange (NYSE), part of the Intercontinental Exchange (NYSE:ICE), today announced it will launch a new equity option contract on the NYSE FANG+ Index – a new product that offers exposure to a select group of highly-traded next generation technology and tech-enabled companies. The NYSE FANG+ Index Option contract will trade in the United States exclusively on the NYSE’s options markets, NYSE Arca and NYSE American, beginning Monday, June 11.

The NYSE FANG+ Index is equal-weighted and consists of ten stocks including five core FANG stocks — Facebook, Apple, Amazon, Netflix and Alphabet’s Google, and five actively-traded technology growth stocks — Alibaba, Baidu, NVIDIA, Tesla and Twitter. It is calculated and disseminated through the ICE Data Global Index Feed under the symbol “NYFANG”.

The NYSE FANG+ Option contract will be European style, cash-settled, with a $100 multiplier and will trade under the symbol “FAANG”.  It follows the NYSE FANG+ Futures contract launched in November 2017, which is listed on ICE Futures U.S.

“The NYSE FANG+ family of products provides investors with the opportunity to gain or hedge exposure to some of the world’s most widely recognized technology, internet, and media companies.  The NYSE FANG+ Option offers a capital efficient exchange-traded instrument to gain exposure to these high-growth stocks,” said Ivan Brown, NYSE Head of Options. “This launch also reflects ICE’s capabilities to leverage assets across its franchise to deliver innovative solutions to customers, creating an index that forms the platform for a futures contract and now a new exchange-traded option.”

The combination of stocks in the NYSE FANG+ Index have returned a 30.85% annualized total return from September 19, 2014 to May 18, 2018, as compared to 16.44% for the NASDAQ-100®, 10.76% for the S&P 500® and 19.23% for the S&P 500® Information Technology Index.1 More information on the NYSE FANG+ Index’s performance, methodology and futures and options contracts can be found athttps://www.theice.com/fangplus.

1 Historical performance for the NYSE FANG+ Index prior to September 26, 2017 is based on back-tested data.

About Intercontinental Exchange

Intercontinental Exchange (NYSE: ICE) is a Fortune 500 and Fortune Future 50 company formed in the year 2000 to modernize markets. ICE serves customers by operating the exchangesclearing houses and information services they rely upon to invest, trade and manage risk across global financial and commodity markets. A leader in market data, ICE Data Services serves the information and connectivity needs across virtually all asset classes. As the parent company of the New York Stock Exchange, the company raises more capital than any other exchange in the world, driving economic growth and transforming markets.

ICE Data Indices, LLC, a subsidiary of Intercontinental Exchange, is the administrator and the calculating agent of the NYSE FANG+ Index. The NYSE FANG+ family of products are not sponsored, endorsed, sold or promoted by ICE Data Indices, LLC.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE, FANG+ and New York Stock Exchange. Apple® is a registered trademark of Apple, Inc. Facebook® is a registered trademark of Facebook, Inc. Amazon® is a registered trademark of Amazon Technologies, Inc. Netflix® is a registered trademark of Netflix, Inc. Google® is a registered trademark of Google, Inc. Alibaba® is a registered trademark of Alibaba Group Holding Limited. Baidu® is a registered trademark of Baidu.com, Inc. Nvidia® is a registered trademark of Nvidia Corporation. Tesla® is a registered trademark of Tesla, Inc. Twitter® is a registered trademark of Twitter, Inc. S&P 500® is a registered trademark of Standard & Poor’s Financial

Services LLC. NASDAQ-100® is a registered trademark of NASDAQ, INC. None of the foregoing entities are affiliated with, endorsed by, or sponsored by Intercontinental Exchange, or any of its subsidiaries or affiliates, and the inclusion of the entities on our web site does not evidence a relationship with those entities in connection with the Index, nor does it constitute an endorsement by those entities of the NYSE FANG+ Index or NYSE.

Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at http://www.intercontinentalexchange.com/terms-of-use. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key information Documents (KIDS)”.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 — Statements in this press release regarding ICE’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2017, as filed with the SEC on February 7, 2018.

ICE-CORP

NYSE Media Contact:

Kristen Kaus

+1 212 656 2205

kristen.kaus@nyse.com

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