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, today announced it has completed its all-cash acquisition of TMX Atrium, a global extranet and wireless information services business, from TMX Group. The transaction was announced in February and the terms of the agreement were not disclosed. The financial impact of the transaction will be immaterial and was included in ICE’s financial guidance for 2017.

Lynn Martin, President and COO of ICE Data Services said, “We’re excited about the addition of Atrium to the portfolio of services offered through ICE Data Services. As part of SFTI, Atrium will expand our global offering and will add the lowest-latency connection between Toronto and New York, a key hub for North American market participants. We look forward to working with customers and offering access to market information using low-latency, highly resilient connectivity from trading venues around the world.”

Atrium provides low-latency access to markets and market data across 12 countries, more than 30 major trading venues, and ultra-low latency wireless connectivity to access markets and market data in the Toronto, New York and Chicago metro areas. With the completion of this acquisition, Atrium will be integrated with the Secure Financial Transaction Infrastructure (SFTI^®), a highly resilient private network offering comprehensive solutions. SFTI is part of ICE Data Services’ Connectivity service, which offers a range of highly secure, low-latency network options, global co-location, the SFTI Direct Market Access network of over 150 venues, and 600 market data and news feeds providing market information. In addition, it provides access to 450 normalized real-time market data feeds through the ICE Consolidated Feed.

Atrium’s ultra-low latency wireless service will be offered alongside SFTI Wireless, provided by Anova Technologies, which offers one of the fastest access to markets and market data between ICE’s Mahwah data center and other co-location facilities in Carteret and Secaucus, New Jersey.

About Intercontinental Exchange

Intercontinental Exchange (NYSE:ICE) operates the 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, Interactive Data and Trayport. 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, 2016, as filed with the SEC on February 7, 2017.

SOURCE: Intercontinental Exchange

ICE-Corp

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

Source: Intercontinental Exchange