UNITED STATES: ICE Launches a New Version of Market Data Platform

Wednesday February 19 2020

On 18^th February 2020, Intercontinental Exchange Inc (NYSE: ICE) announced plans to launch a new version of its market data platform, ICE Connect, which will be designed specifically for participants in the global oil markets. The new service, which is expected to be available in the second quarter of 2020, will include access to leading oil market analytics from S&P Global Platts and other third parties.

ICE Connect offers market participants advanced charting, analytics, news and messaging capabilities and provides access to global real-time exchange and market-moving fundamental data. Through the integration of select Platts oil analytics content, ICE Data Services will provide customers with access to a global refinery database, showing a forward-looking view of refinery capacity, as well as oil storage and vessel tracking amongst other services.

These content sets will be integrated into the ICE Connect platform, which already includes ICE’s messaging, proprietary data, execution capabilities and third-party content, offering global oil market participants a more efficient way to spot opportunities and manage risk.

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