Intercontinental Exchange Completes Acquisition of S&P Global’s Standard and Poor’s Securities Evaluations and Credit Market Analysis
ATLANTA & NEW YORK--(BUSINESS WIRE)--
Intercontinental Exchange (NYSE: ICE), a leading operator of global
exchanges and clearing houses and provider of data and listings
services, announced it has today completed its all-cash acquisition of
S&P Global’s (NYSE: SPGI) Standard & Poor’s Securities Evaluations
(SPSE), a leading provider of fixed income evaluated pricing, and Credit
Market Analysis (CMA), a leading provider of independent data for the
over-the-counter (OTC) markets, including credit derivatives and bonds.
The transaction was announced in March.
SPSE and CMA will become part of the suite of data products and services
that comprise ICE Data Services, ICE’s end-to-end solution for
information, analytics and connectivity, offering proprietary data and
tools for global markets across fixed income, equities, commodities, FX
and options markets. Following the completion of this acquisition, SPSE
will be known as Securities Evaluations. Services offered by Securities
Evaluations will be managed and operated separately from the existing
fixed income evaluated pricing services offered by ICE Data Services
until further notice.
“We look forward to working with the teams at SPSE and CMA to provide
customers in the fixed income and credit markets an expanded range of
solutions. By working with our customers, we will continue to innovate
and invest to provide the highest quality evaluated pricing and
analytics services,” said Lynn Martin, President and Chief Operating
Officer of ICE Data Services.
About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) operates a leading network of
global futures, equity and equity options exchanges, as well as global
clearing and data services across financial and commodity markets. The
New York Stock Exchange is the world leader in capital raising, listings
and equities trading.
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 at www.intercontinentalexchange.com/terms-of-use.
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, 2015, as filed with the SEC on February 4, 2016. The
existing fixed income evaluated pricing services offered by ICE Data
Services are offered in the U.S. by Interactive Data Pricing and
Reference Data LLC.
SOURCE: Intercontinental Exchange
ICE-CORP

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ICE Media Contact:
Damon Leavell
+1 212 323 8587
damon.leavell@theice.com
or
ICE
Investor Contact:
Kelly Loeffler
+1 770 857 4726
Kelly.loeffler@theice.com
Source: Intercontinental Exchange