Navigate this market better. Subscribe for FREE stock alerts and information.

Thursday, December 20, 2012

TIMELINE-IntercontinentalExchange (ICE) chronology, (NYSE: NYX)

Atlanta-based IntercontinentalExchange (ICE) operates four regulated futures exchanges, two over-the-counter (OTC) markets and five clearing houses globally. ICE agreed to an $8 billion deal to purchase New York Stock Exchange owner NYSE Euronext on Thursday.Date2000 IntercontinentalExchange foundedIn March 2000, seven leading banks and energy concerns announced they were launching an online electronic market for trading over-the-counter (OTC) energy, metals and other commodities. Jeffrey Sprecher, previously resident of Atlanta's Continental Power Exchange, the company which developed the trading system to be used by ICE, was slated as CEO.

NYSE Euronext is a global operator of financial markets and provider of trading solutions. Shares of NYX traded higher by 33.68% or $8.1/share to $32.15. In the past year, the shares have traded as low as $22.25 and as high as $31.25. On average, 2618730 shares of NYX exchange hands on a given day and today's volume is recorded at 67164664.