NYSE Responds to SEC Decision on Certain Market Data Fees
ATLANTA & NEW YORK--(BUSINESS WIRE)--
Following the SEC decision
regarding market data fees relating to NYSE Arca book, as published on
October 16, the NYSE has put forward its official statement on the
matter:
This decision represents a troubling shift by the SEC from its core
mission of ensuring the long-term health of our financial markets to an
agenda of regulatory overreach, prioritizing the interests of powerful
Wall Street interests over those of retail investors and listed
companies. We believe the Commission’s decision will not withstand our
challenge.
Based on our initial analysis of the SEC’s decision, we do not believe
there will be any immediate change to the products that we deliver to
customers or their associated fees.
About Intercontinental Exchange
Intercontinental
Exchange (NYSE: ICE) is a Fortune 500 and Fortune Future 50 company
formed in the year 2000 to modernize markets. ICE serves customers by
operating the exchanges, clearing
houses and information services they rely upon to invest, trade and
manage risk across global financial and commodity markets. A leader in
market data, ICE Data
Services serves the information and connectivity needs across
virtually all asset classes. As the parent company of the New
York Stock Exchange, the company raises more capital than any other
exchange in the world, driving economic growth and transforming markets.
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 http://www.intercontinentalexchange.com/terms-of-use.
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, 2017, as filed with the SEC on February 7, 2018.
SOURCE: Intercontinental Exchange
ICE-CORP

View source version on businesswire.com: https://www.businesswire.com/news/home/20181017005759/en/
Media Contact:
Kristen Kaus
Kristen.kaus@nyse.com
Phone:
212.656.2205
Source: Intercontinental Exchange