NYSE-parent ICE's profit rises on record surge in energy market volatility

📆 02-05-24 14:12:00
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Islanders flock to Charlottetown Flea Market for affordable finds amid rising costs | SaltWire -Intercontinental Exchange reported a rise in adjusted profit for the first quarter on Thursday as volumes hit a record on surge in energy markets trading.

Trading across other markets was also robust with agriculture and metals climbing 11%, helped by a record 47% surge in cocoa trading volume. Total average daily volumes at ICE jumped 16% to hit a record in the first quarter. Consolidated net revenue rose 21% to $2.3 billion.

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