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Bought for a dollar - How ICE, the owner of the New York Stock Exchange, became a $65 billion exchange business
Episode 7

Bought for a dollar - How ICE, the owner of the New York Stock Exchange, became a $65 billion exchange business

MAGELLAN - In The Know

February 23, 202142m 41s

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Show Notes

The Intercontinental Exchange (or ICE) is one of the world’s largest exchange businesses – it owns the NYSE and dominates global energy exchanges.  ICE operates in over 70 countries, and has a market capitalisation of U$65 Billion.  Its remarkable growth over the last two decades is the result of founder Jeffrey Sprecher’s visionary thinking and  unwavering commitment to moving old analogue exchanges into efficient digital platforms, and creating new markets globally. It all started with a single dollar transaction in 1997.