Intercontinental Exchange Inc. is a leading global operator of financial markets and a provider of data services. The company's mission is to empower participants in the financial markets by providing innovative trading, clearing, and data solutions. Intercontinental Exchange Inc. operates a diverse range of exchanges and platforms, including the New York Stock Exchange, and focuses on enhancing market efficiency and transparency. Its strategy emphasizes technological advancement and strategic acquisitions to expand its global footprint and improve service offerings, catering to a wide array of asset classes and market participants.

INTERCONTINENTAL EXCHANGE INC

Intercontinental Exchange (ICE) continues to make strides in the shipping industry by participating in the Series C funding round of the New York Shipping Exchange (NYSHEX). This partnership is focused on developing new freight rate indices that aim to enhance pricing transparency within the container shipping sector.

Intercontinental Exchange Joins Forces with New York Shipping Exchange to Develop Innovative Freight Rate Indices for Container Shipping Industry

Intercontinental Exchange is teaming up with the New York Shipping Exchange to revolutionize freight rate indices, set to debut in 2025. As the shipping industry faces ongoing volatility, can this partnership provide the stability and transparency that carriers and shippers desperately need?