ICE’s Cash Equity Regain Momentum In November
IntercontinentalExchange‘s cash equity trading volumes have performed impressively in November after witnessing a slump over the past few months. The improving U.S. financial conditions and the recently concluded presidential elections have led to increased volatility, thereby contributing to 16% and 12% year on year growth in industry-wide and ICE’s cash equity volumes, respectively. However, the market share, which has been declining for over year, continues to pose a problem for the exchange.
Owing to the increased competition from the newly formed Investors Exchange, we expect the market share to remain flat going forward. However, the volumes shall remain on the upside from the increased volatility, which is likely to sustain in the near term.
- Up 24% Since The Start Of 2023, What To Expect From Intercontinental Exchange Stock After Q4 Results?
- Up 7% In The Last One Month, Where Is Intercontinental Exchange Stock Headed?
- Where Is Intercontinental Exchange Stock Headed?
- Intercontinental Exchange Stock Is Trading Below Its Fair Value
- Intercontinental Exchange Stock To Edge Past the Expectations In Q4
- Forecast Of The Day: Intercontinental Exchange Data Services Revenue
See the full Trefis analysis for Intercontinental Exchange
View Interactive Institutional Research (Powered by Trefis):
Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap
More Trefis Research