$ICE

NYSE opened a Dallas office for its Texas-based digital equities venue, NYSE Texas, which has over 120 issuers. The exchange aims to capitalize on Texas's pro-business environment and growing competition for listings. NYSE Texas's first dual listing was Trump Media & Technology Group Corp. NYSE and its parent, Intercontinental Exchange Inc., employ about 200 in Texas.

Bill Ackman's Pershing Square raised $5B for a new fund, PSUSA, investing 95% of it. Ackman exited Alphabet, Universal Music Group, and Hertz, adding Visa, Mastercard, Netflix, S&P Global, Intercontinental Exchange, and Alcon. He also plans a private investment fund, Pershing Square Ventures, to gain insights into tech and private companies.

Intercontinental Exchange (ICE) reported record open interest in global sugar markets, reaching 2.3 million contracts, a 43% year-over-year increase. The surge was driven by activity in ICE Sugar No. 11 and ICE White Sugar. ICE's Senior Director attributed the growth to shifting market fundamentals and hedging activity due to supply uncertainties. Other agricultural commodities on ICE also saw significant increases in open interest and trading volume.

Perpetual futures (perps), 24/7-traded derivatives, are growing rapidly, raising concerns among traditional exchanges like CME Group and Cboe. President Trump's comments hint at potential CFTC regulation for Hyperliquid, a decentralized perp trading platform. Perps track various assets, offer high leverage, and threaten traditional exchanges' revenue streams. Hyperliquid's HYPE token has surged 196% this year, and major players are preparing for related derivatives. CME's CEO Terry Duffy has cri

Intercontinental Exchange, Inc. (ICE) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry into a Material Definitive Agreement. Amended Revolving Credit Facility Intercontinental Exchange, Inc. (the “ Company ”) is a party to that certain Credit Agreement, dated as of April 3, 2014 (as amended by (i) the First Amendment to Credit Agreement, dated as of

ICE completed a $3.75B debt offering to fund its acquisition of MarketAxess. The offering included four tranches with coupons ranging from 4.700% to 5.400%. Net proceeds were approximately $3.71B. The acquisition is expected to be a strategic expansion for ICE, but increases its debt load.

Intercontinental Exchange (ICE) completed a $3.71B net senior note offering, issuing $3.75B across four tranches. Proceeds, along with other financing, will fund the MarketAxess acquisition. The notes were sold under ICE's Form S-3 shelf and issued under an existing indenture.

The CFTC's new Innovation Advisory Committee, chaired by Walt Lukken, held its first meeting with 40+ members, including CEOs from Coinbase, CME, Kalshi, and other crypto and traditional market firms. The agenda covered crypto regulation, AI in finance, and prediction markets. The CFTC has a track record in crypto regulation, including approving bitcoin perpetual futures contracts. The meeting follows a White House event where President Trump discussed crypto regulation with industry executives.

Leaders from Coinbase, Robinhood, Kraken, and others backed President Trump's crypto policies, citing encouragement for investment and innovation. Coinbase's Brian Armstrong highlighted the creation of a Strategic Bitcoin Reserve and the GENIUS Act. The CLARITY Act, expected to pass on Sept. 15, aims to establish a federal regulatory framework for digital assets. Intercontinental Exchange's Jeffrey Sprecher credited Trump's policies for increased market activity. Robinhood's Vlad Tenev called fo

Intercontinental Exchange (ICE) reported record open interest in its global sugar markets, reaching over 2.3 million contracts, a 43% year-over-year increase. This was driven by activity in ICE Sugar No. 11 and ICE White Sugar. The company attributes this to shifting market fundamentals and hedging activity due to supply uncertainties.