.png)
Would you like to invest – or perhaps even trade – a company that benefits from increased market volatility? If so, then you’ll be very interested in today’s Trade of the Day on Intercontinental Exchange (NYSE: ICE). Intercontinental Exchange operates regulated exchanges for commodity, financial, fixed-income, and equity markets in the United States, the United Kingdom, the European Union, Asia, Israel and Canada. Its marketplaces for trading and clearing cover a vast array of asset classes, including energy and agricultural commodities, metals, interest rates, equities, credit derivatives, exchange-traded funds, bonds, and currencies. In other words, the more people who trade, the better Intercontinental Exchange does . And recently, given the increase in market volatility, it has had a strong year. Intercontinental Exchange’s quarterly revenue growth (year over year) is up 11.8%, and its quarterly earnings growth (year over year) is up 15.5%. According to a recent volume release on November 5, these strong growth numbers are expected to continue. For instance, in the month of October, Intercontinental Exchange reported that open interest (OI) on futures and options listings is up 8% year over year (and up 17% year over year from the end of 2018). Specifically, in the energy […]
