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ICE Data Services to Offer Ultra-Low Latency Data Between U.S. and Europe

End-to-end solution delivers select data from markets in the U.S. to London, Frankfurt and Bergamo

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced plans to offer ultra-low latency data between markets in the U.S. and Europe, including London, Frankfurt, and Bergamo.

This trans-Atlantic data service adds an important new route that shaves significant latency off and optimizes cost for investors and expands the ICE Global Network, which now provides connectivity and managed services to the most active U.S., European and Asian marketplaces.

“We are excited to expand our ultra-low latency offering by enabling an end-to-end market data solution between U.S. and European markets, which is designed to improve the speed and access to international financial markets,” said Margaret Niche, Head of ICE Global Network. “This new service will complement our existing offering. It will connect to the key data centers in Europe and will leverage our existing data delivery platform to ease integration for customers and provide a consistent service, including our comprehensive fiber back-up.”

This solution will combine a system of wireless networks on each continent with high speed transatlantic fiber to connect markets in the U.S. and Europe. Designed and built to minimize latency, this offering enables market participants to work with a single vendor to simplify operational challenges related to building and supporting a global end-to-end market data solution. The first available route will transport critical market data eastbound from Illinois to multiple locations across the London Metro Area and Europe, such as Frankfurt and Bergamo, with ICE planning to launch additional hybrid routes between Europe and the U.S. (both Eastbound and Westbound).

ICE Global Network is part of ICE Data Services’ connectivity service, which offers high quality content, delivery and execution services through an ultra-secure, highly resilient network. ICE Global Network's ultra-low latency wireless routes are engineered specifically for capital markets, enabling fast and efficient delivery of raw market data from key liquidity venues across the globe.

For more information about ICE Global Network, please visit: https://www.theice.com/data-services/global-network

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. 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, 2022, as filed with the SEC on February 2, 2023.

Category: Fixed Income and Data Services

SOURCE: Intercontinental Exchange

ICE-CORP

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