Inside the ICE House

NYSE Executive Floor Governor and IMC Designated Market Maker Jay Woods brings his three decades of experience and technical analysis to the podcast this week. We cover the state of the market and how trading has evolved from open outcry to embracing the technology that beckoned no-fee trading and platforms like Robinhood. Jay brings us in the NYSE building for the recent closing and reopening of the Trading Floor, how the DMM role has evolved, and the impact of the democratization of trading access.

Three leading tech CEO’s convened to discuss “The Future of Work,” a conversation recorded live as part of the NYSE’s inaugural Digital Leaders Series. Stewart Butterfield, Jennifer Tejada, and Aaron Levie shared with Betty Liu how their companies are navigating the new normal of the coronavirus pandemic. The NYSE-listed companies -- Box, PagerDuty, and Slack -- have adapted to a fully remote environment, prepared for a future decentralized workplace, and are looking to use the disruption of traditional work to build a more inclusive workforce moving forward. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Former U.S. Navy SEAL & SEALFIT Founder Mark Divine joined the podcast to discuss his latest book, Staring Down the Wolf: 7 Leadership Commitments That Forge Elite Teams. Mark is a man on-call to many companies helping their executives hone the skills to overcome tough challenges. His unique career -- from CPA to SEAL Commander to serial entrepreneur -- taught him to combine military and business training to benefit any team, from the battlefield to the boardroom. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Chris Giancarlo’s voice resonates with experience and authority. He didn’t stand still when his term as Chairman of the U.S. Commodity Futures Trading Commission came to end last year. He’s immersed himself in a wide range of initiatives built on his decades of service in government and FinTech, which he explains in this episode. But he’s also keeping a close eye on his old beat, and doesn’t like what he sees from European regulators tinkering with the complex plumbing of central counterparty clearing that underpins the global markets. “Now,” he says, “is not the time to change the rules on CCP resolution.” Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

“Exchange Invest” delivers PLY’s pith, developed over decades immersed in markets, around the world each morning, cutting through the clutter in the “parish” of global bourses. Patrick’s take is a must read for exchange industry leaders and back benchers alike. He joined the pod from his perch in Malta to break down the markets’ response to COVID-19, his career arc from auto racing to fintech, and his most recent book, “Victory or Death? Blockchain, Cryptocurrency & the FinTech World.” Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

How have your spending habits changed since the pandemic struck? Fewer in-person dips or swipes of your credit card? More e-commerce? Are these short-term changes temporary, or the beginning of a payments sea change? Margaret Keane, CEO of Synchrony, joins us to explore the future of payments, leading a disparate workforce through difficult times, and how Synchrony is innovating and diversifying to meet the needs of its clients, today and in the future. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

How will climate impact the future of the $3.8 trillion municipal bond market? Chris Hartshorn, risQ’s Chief Commercial Officer, joined Josh and ICE Data Services President Lynn Martin to discuss the technology behind ICE Climate Risk, a tool which combines cutting-edge climate science, catastrophe modelling, and geospatial machine learning technology from risQ with ICE’s pricing and reference data to quantitively measure climate risk in financial instruments employed to fund state and local government projects, airports, schools, hospitals and more. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

May 10, 2020 marks the 20th Anniversary of Intercontinental Exchange, the company that Jeff Sprecher and his colleagues transformed from an entrepreneurial startup into what he terms a “massively scalable network and database company” that, two decades on, operating 12 exchanges, 6 clearinghouses, a data services business, and a wide array of trading tools, technologies and platforms built on that stack. As ICE enters its third decade, Jeff shares the vision for what lies ahead.

The tumult in the oil markets is not just the result of a coronavirus-driven collapse in demand, but go to the shifting tectonic plates that hold up the entire global economy. One of the world’s foremost oil experts, Daniel Yergin, Vice Chairman of IHS Market and Pulitzer Prize-winning author, joined Josh and ICE’s Head of Oil Sales, Jeff Barbuto, for a frank discussion about the changing fundamentals of oil & how COVID-19 will play a role in picking the winners & losers of the battle for energy supremacy. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Jim Greenwood, President and CEO of the Biotechnology Innovation Organization, and the former long-term congressman from Pennsylvania’s 8th District, joined us as part of Intercontinental Exchange’s ongoing series on the latest information and perspectives on the coronavirus pandemic. Jim shared how the 1,000+ biotech companies, academic institutions, state biotech centers, and other organizations that BIO represents are producing the cures, vaccines, and other protocols required to reopen the nation. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

The coffee bean is one of the commodities traded on ICE’s futures exchange, where everyone from growers to refiners, to shippers and retailers, buy and sell coffee futures to manage their price risk. Augustine Sedgewick, author of COFFEELAND: One Man's Dark Empire and the Making of Our Favorite Drug, joined us from his remote outpost to talk about on the history of coffee, the development of the world markets, and the obscure science behind the simple coffee break. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Ira Coleman, Chairman of McDermott Will & Emery, joins the podcast to take listeners through the inner workings of closing a deal at one of the world’s leading law firms. He shares insights on the legal issues facing healthcare, why the profession must evolve to meet the needs of the client, and how someone’s Uber rating can make or break their chance to work at the leading edge of law.

The economic rigor mortis from COVID-19 has reduced the global demand for oil by more than 30%. The result has oil producers and refiners scrambling to find tanks to store their products and sent the price of a barrel plunging in some of the largest single day drops in history. Mike Wittner, ICE’s Head of Oil Market Research, joined the podcast to discuss how companies and investors are managing their risk during this unprecedented uncertainty, and how markets will be impacted for years to come. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Professor John Barry, author of “THE GREAT INFLUENZA: The Story of the Deadliest Pandemic in History,” joined us from New Orleans to outline the importance of innovation, honesty, and trust in navigating a pandemic. After publishing his watershed book, John helped develop an earlier playbook for mitigating pandemics, and shared his insights on the pandemic a century ago, and how Covid-19 might reshape society when we reach the other side. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Kevin O’Leary, Chairman of O’Shares Investments & Shark Tank investor, is socially distancing, but isn’t pulling his punches. He shares a bird’s eye view from his South Beach Condo on how the world changed in real time; the companies and countries best positioned to survive and thrive; and why his life will never go back to the old normal. He also breaks down the market fundamentals and strategies that underpin O’Shares ETFs, driving the economy of tomorrow that seems to get closer everyday. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

With markets cresting following three consecutive days of gains, NYSE President Stacey Cunningham sat down for a virtual fireside chat with Marie-Josée Kravis and members of the Economic Club of New York. With the Trading Floor temporarily closed, they discussed how, even in a fully electronic environment, the New York Stock Exchange market model helps public companies, traders, and investors navigate through uncertain times. The discussion also covered Stacey’s thesis for why, even in turbulent times, markets must remain open. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

In our first ever remote podcast, NYSE Group Chief Operating Officer Michael Blaugrund Skyped in from his secure remote location to break down the decision to temporarily close the NYSE Trading Floor and the impact that the COVID-19 Pandemic will have on the markets and trading. Michael explains that, long before social distancing, the Exchange has been preparing for this sort of emergency contingency, starting with the first electronic trading systems that were deployed at the New York Stock Exchange in the 1950s, and extending to the present, with bringing the NYSE Pillar platform online in 2019. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Leading cybersecurity experts recently convened at the New York Stock Exchange to learn from each other about good digital hygiene. The conference, part of the Travelers Companies (NYSE:TRV) Cyber: Prepare, Prevent, Mitigate, Restore series, was hosted by the Travelers Institute’s President Joan Woodward. Joan told us how Travelers Institute is educating the government and public on cybercrime protection, autonomous vehicle liabilities, and the one thing that will keep you safer behind the wheel. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Coronavirus, the 2020 election cycle, and volatility be damned, Jim Cramer knows there is always a Bull Market somewhere. He launched CNBC’s Mad Money 15 years ago this week, with the mission to “come out every night to help level the playing field, so you can try to have a fighting chance against the big boys, the fat-cat hedge fund managers who think they own the market.” He sat down to reflect on the show, his career from Philly to Harvard to the floor of the NYSE, and share his expertise on understanding the current market uncertainty. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Of the thousands of firms listed on the NYSE, only 26 can have a single letter ticker symbol, and Jacobs (NYSE: J) has one of them. The new ticker symbol and new name (it was formerly Jacobs Engineering Group) reflects the firm’s transformation under its Chair & CEO, Steve Demetriou. He was a recent guest of Betty Liu on Slice, part of ICE’s Insights Platform, to discuss how Jacobs reimagined its future built around a commitment to sustainability and diversity that will allow Jacobs to “PlanBeyond” today. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Get the robot in here, STAT! Surgery is going digital by leveraging artificial intelligence, telemedicine, and big data to bring cutting edge care to patients across the globe. David Fischel is CEO of Stereotaxis (NYSEAMERICAN:STXS), one of the companies leading this sea change. He dropped by the NYSE to talk about the company’s advancements, including bringing Genesis, a new robotic magnetic navigation technology, to market. David also forecasts the future of machine-augmented medicine and how Stereotaxis provide the tools that surgeons will need in the operating rooms of the future.

You may be shocked that, even in our digital age, 90% of businesses still rely on paper checks. Rene Lacerte started Bill.com to disrupt that by unchaining data from the filing cabinet. Bill.com’s cloud-based software allows businesses, regardless of their technical savvy, to automate the back office and focus on serving their customers. He joined the podcast on the day of Bill.com’s IPO to explain why entrepreneurship is a family affair, and why persistence is the key genetic trait of the Lacerte clan. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Adam Higginbotham last year published the New York Time Best Seller, Midnight in Chernobyl: The Untold Story of the World’s Greatest Nuclear Disaster, now available in paperback. Based on over a decade of work, Adam’s writing reveals what it was like to be in the Reactor 4 Control Room and life in Pripyat on April 26, 1986. The conversation explores why the truth was so hard to find, the cause of the myths that endure, and why he is fascinated by when the intersection of man and technology goes wrong. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

The rebellious Italian Sculptor Umberto Boccioni (1882-1916) helped shape the futurism movement and today’s guest, Aryeh Bourkoff, is nothing if not a futurist. The Founder and CEO of LionTree runs an independent investment bank focused on the digital economy and creative industries. Last week, we turned our NYSE Library over to Aryeh, also the host of KindredCast, to tape an episode with our own NYSE President Stacey Cunningham. Turning the tables, we now bring you our conversation with Aryeh on the landscape of tech and media and why the 2020s will be the “Clash of the Titans.” Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

This show was first released on KindredCast’s own feed, but, thanks to our friends at KindredMedia, we’re re-releasing it to share with our listeners. As part of a special two-episode arc, LionTree CEO Aryeh Bourkoff interviewed our own Stacey Cunningham. You’ve heard her on our show before, but never quite like this, now nearly two years on the job. Tune in next week as we turn the microphones around and have Aryeh as our guest. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

About 30% of natural gas in the U.S. passes through pipelines owned by Williams, which is undergoing a transformation under President & CEO Alan Armstrong, who was appointed to the top job in 2011. Alan was a recent guest of Betty Liu on Slice, part of ICE’s Insights Platform, where she he talked to him about the role of technology in the energy sector and what it takes to lead an evolving company. Their conversation was condensed for the Slice broadcast. Here’s their full uncut conversation. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

As co-CEO of TPG Capital, Jon Winkelried oversees a sprawling portfolio and $119 billion under management, with operational teams spread across 17 offices around the world. He found himself at the NYSE recently, in conversation with Christina Minnis, Global Head of Acquisition for Goldman Sachs (NYSE:GS), the firm Winkelried left in 2009 as co-president. They talk at the NYSE Board Advisory Council Networking Summit about what it takes to serve on a board and why TPG, which has taken stakes in more than 400 companies, ties its comp directly to improving diversity. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

By the time you hear this episode, you may have already abandoned your New Year’s Resolutions. That’s okay with Planet Fitness (NYSE: PLNT), whose doors are always open to everyone. Chris Rondeau, the company’s CEO, gave us a training session on why the Planet’s inclusive culture & franchise model is his secret sauce. And he would know. He started with the company at the front desk of its very 1st location & was on the Bell Podium this January, now as its CEO to celebrate the opening of the 2,000th Planet. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

The Coca-Cola Company’s Chairman & CEO James Quincey sat down with ICE Director Duriya Farooqui at the Second NYSE Board Advisory Council Networking Summit to offer his perspective on increasing diversity in business, the role of companies in solving the problems facing humanity, and who a CEO actually answers to. Recorded on the 100th Anniversary of Coca-Cola’s Listing on the NYSE, James shares how the Atlanta based global company continues to build on the values that the company was founded on. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Since Petrobras CEO Roberto Branco took the helm of the Brazilian energy giant a year ago, the legendary executive has embarked on a digital transformation of the company with over 63,000 employees. Mr. Branco traveled north to the New York Stock Exchange to roll out the company’s ambitious five year plan with a focus on returning shareholder value by deleveraging the balance sheet and shepherding Brazil’s natural resources, including the country’s unique pre-salt petroleum. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Recorded live at the Fourth Annual NYSE Spotlight on Energy event, ICE’s Co-head of Government Affairs, Hope Jarkowski, and Federal Energy Regulatory Commission Chairman, Neil Chatterjee, explore the U.S. energy markets regulatory ecosystem and the future of energy infrastructure. The NYSE is the home of over 90% of the qualified publically traded utilities and pipeline companies in the U.S. Many firms also use the many other markets of Intercontinental Exchange to trade and hedge their energy needs. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Representation among women and minorities on corporate boards is ticking up, but more work lies ahead as investors and other stakeholders demand more diversity. Data show that more diversity can drive better results, and the NYSE Board Advisory Council was launched to champion qualified candidates nominated by leaders of listed companies. ICE Board Members Sharon Bowen and Duriya Farooqui, along with NYSE Vice Chair Betty Liu, are Co-Chairs of the Council and convened inside the ICE House to chart a path toward greater equality in the board room and how the Council can help. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

The listing of SPDR Gold Shares (NYSE ARCA: GLD) transformed gold investing from requiring a scale and vault to simply buying a share of an ETF on the NYSE. On the 15th Anniversary of GLD, Chief Gold Strategist at State Street Global Advisors, George Milling-Stanley, and World Gold Council’s Head of US, Joe Cavatoni, teamed up to share their collective experience in the gold market, from traveling to the bottom of the deepest mines to bringing innovative investment tools to market. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Greg Zuckerman, a twenty-three-year veteran of the Wall Street Journal, has had a front row seat to some of the biggest financial successes and shakeups over two decades. His latest book, The Man Who Solved the Market, might be his biggest scoop yet: going deep inside the super-secretive hedge fund Renaissance Technologies and tapping into the mind of its reclusive founder, celebrated geometer Jim Simons, the man who used math to become the most successful master of the markets in history. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Steve Sachs, Head of Capital Markets for Goldman Sachs Group's Exchange Traded Funds business, wants investors to leverage innovation to invest in innovation. Goldman Sachs Asset Management partnered with Motif to launch a suite of ETFs that helps investors capitalize on the future of technology, from the consumer space, to healthcare, to the blockchain. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

A special episode recorded live, hours after rolling out the new exchange ICE Futures Abu Dhabi at the 2019 Abu Dhabi International Petroleum Exhibition and Conference. Jeff Sprecher, Chairman and CEO of Intercontinental Exchange, sat down with Helima Croft of RBC Capital Markets for Jeff’s take on the announcement and what it means for the region and global energy markets. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Bobbi Brown, world renowned makeup artist, best-selling author, speaker, and serial entrepreneur, sat down with ICE’s Theresa DeLuca to share her advice and lessons on launching a career by disrupting the beauty industry to founding justBobbi.com and a boutique hotel. Since leaving Estee Lauder Companies (NYSE:EL) in 2016, Bobbi has launched the next phase of her career but, throughout each chapter, one simple piece of advice remains constant: be nice to people. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Beyond being, arguably, the most iconic and celebrated fashion designer in America, Ralph Lauren’s name adorns a New York Stock Exchange-listed company (NYSE: RL) with a market cap of over $8 billion. Telling his story, after 50 years in business, falls to the expert eye and cinematic mind of Susan Lacy, Director and Producer of the new documentary “Very Ralph” from HBO (NYSE: T). In our conversation, Susan reveals her passion for storytelling contained in this compelling chronicle of the American Dream. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

We’re proud to bring you a recent conversation between Kevin McPartland of Greenwich Associates and our own Ben Jackson, President of Intercontinental Exchange. Their talk was part of Greenwich Associates’ “Behind the Market Structure” series in which they cover a range of issues in the trading space, including the launch of ICE’s new ETF Hub, which will bring more efficiency and standardization to the ETF primary market, as well as where ICE sees the mortgage space heading following ICE’s acquisitions of MERS and Simplifile. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Jim Snee, CEO of Hormel Foods Corporation, takes us on a “Food Journey” to hear how the evolving company stays true to its principles of supporting its people, giving back to its community, and always focusing on the food. Along the way, we learn how Hormel Foods has expanded its menu through strategic acquisitions and product innovations to delight consumers ranging from the “plant curious” to the “SPAM zealots.” Our show even features an in-studio taste test of Skippy’s P.B. & Jelly Minis, if you can allow your imagination to wander that far. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

We often say that the NYSE is one of the four iconic American buildings, along with the White House, the U.S. Capitol, and the Supreme Court. You could add the Metropolitan Museum of Art to that list. As the host of nearly seven million visitors a year, the building’s magic rubbed off on Christine Coulson, who spent more than twenty-five years working within its walls. She now shares what really happens when the visitors leave and the art comes alive in her new book, Metropolitan Stories. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Serving as Ambassador to Germany from 2013-2017, John B. Emerson had a front row seat to the interplay between career and politically appointed State Department officials. Following his service, Emerson returned to Capital Group International, where how now serves as Vice Chairman. In our conversation, he guides listeners through how he prepared for his post, finding himself as “Our Man in Berlin” during an international crisis, and hosting the cast of Showtime’s HOMELAND (NYSE: CBS). Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Ben Mezrich’s newest blockbuster -- Bitcoin Billionaires: A True Story of Genius, Betrayal, and Redemption -- unfolds like a sequel to where The Social Network, based on his Accidental Billionaires, left off. This time, twins Cameron and Tyler Winklevoss segue from villains to protagonists as they’re introduced to cryptocurrencies and row along with digital assets as they flow from the dark web to the mainstream, becoming the first “Bitcoin Billionaires” along the way. In laying out the second act of Winklevii, Mezrich also delivers a Bitcoin primer for the common man, ripe for the silver screen. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Jeffrey Solomon has learned a thing or two about teamwork and giving back, in part by growing up in Pittsburgh watching the likes of Franco Harris and Roberto Clemente on the field and off. Now, at the helm of investment bank and financial services company Cowen Inc., he’s sharing his expertise in his side gig as Vice Chairman of the SEC’s Small Business Capital Formation Advisory Committee. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Entrepreneurs Gabe Otte and Riley Ennis hatched Freenome in 2014 to use genomics and machine learning to revolutionize how cancer is diagnosed and treated. He steps Inside the ICE House to share the science behind stopping cancer and how Freenome’s platform allows care to commence when the disease is significantly more curable. The result is a cancer diagnosis, and targeted treatment, that is minimally disruptive to the quality of life and long-term outlook of the patient. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Martha Miller’s job supporting the businesses that create two-thirds of the jobs in the United States is as large as her title: the Securities & Exchange Commission’s Director of the Office of the Advocate for Small Business Capital Formation. Martha, the first to ever hold that job, has spent this year building her team while visiting small businesses around the country to understand how the government can better support them through more innovative and more accessible ways to raise capital. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

With the 2020 presidential campaign in full gear, we sat down with 60 Minutes Correspondent John Dickerson to explore how the job of President of the United States has changed since George Washington took the Oath of Office next door to the New York Stock Exchange on April 30, 1789. Spoiler alert: the job hasn’t become tougher; it’s now damn near impossible. The conversation, recorded at the NYSE’s 2019 IR Summit, previewed Dickerson’s forthcoming book, The Hardest Job in the World: The Evolution of the American Presidency. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Peter Scher, Head of Corporate Responsibility and Chairman of the Mid-Atlantic Region at JP Morgan Chase & Co., (NYSE: JPM), is leading the charge to drive inclusive, economic growth in cities at home and abroad. After a career in public service, Scher joined JPM in the midst of the financial crisis, and explains why skills training, community building, and investing in people are part of doing the right thing. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

“Environment, Social, and Governance,” or ESG, investing is gaining traction, with one of every four dollars in professionally managed portfolios in the U.S. now engaged in an ESG strategy. As companies evolve how they are approaching these issues, it’s critical to understand the investor perspective. Brian Matt, Director of Research and Analysis at IHS Markit, joined ICE’s Brookly McLaughlin to explore how ESG’s growth and evolution impacts both corporations and investors. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

The Walt Disney Company (NYSE:DIS) is the content king, even at its farthest reaches, which might be its acclaimed audio documentaries from ESPN’s 30-for-30 Podcasts. Jody Avirgan has led and produced all of the show’s five seasons, coming to the Worldwide Leader in Sports from a background in filmmaking, journalism, and politics. Traveling afield from sports, he shares the process behind creating The Sterling Affairs and how ESPN is continuing to innovate podcasting. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house