EPISODE · Feb 23, 2021 · 42 MIN
Bought for a dollar - How ICE, the owner of the New York Stock Exchange, became a $65 billion exchange business
from MAGELLAN - In The Know · host Magellan Asset Management
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.
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Bought for a dollar - How ICE, the owner of the New York Stock Exchange, became a $65 billion exchange business
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