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NYSE-parent ICE's profit rises as commodity markets boost trading volumes

FILE PHOTO: A screen displays the logo and ticker symbol for Intercontinental Exchange, Inc. on the floor of the NYSE
April 26, 2024
Reuters - Reuters

(Reuters) - Intercontinental Exchange reported a higher fourth-quarter profit on Thursday as trading volumes at the New York Stock Exchange parent surged, driven by strong growth in commodity and energy segments.

The exchange operator's adjusted profit rose to $760 million, or $1.33 per share, in the quarter ended Dec. 31, compared with $698 million, or $1.25 per share, a year earlier.

(Reporting by Manya Saini in Bengaluru; Editing by Shounak Dasgupta)

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