{"id":36219,"date":"2023-07-15T22:15:27","date_gmt":"2023-07-16T02:15:27","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/intercontinental-exchange-one-of-the-best-compounders-in-finance-nyseice\/"},"modified":"2023-07-15T22:15:30","modified_gmt":"2023-07-16T02:15:30","slug":"intercontinental-exchange-one-of-the-best-compounders-in-finance-nyseice","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=36219","title":{"rendered":"Intercontinental Exchange: One Of The Best Compounders In Finance (NYSE:ICE)"},"content":{"rendered":"
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Introduction<\/h2>\n

I am a big fan of stocks that fall in the growth\/value hybrid category. Companies that are profitable with a wide moat, capable of returning cash to shareholders, and able to grow consistently. These stocks are, more often than not, compounders capable of beating the market on a consistent basis.<\/span><\/p>\n

In the financial sector, it’s not always easy to find good compounders. Finance is a highly competitive, service-focused sector dominated by large banks and financial institutions.<\/p>\n

Hence, I’m a fan of operators of stock exchanges and related services. One of these companies is Intercontinental Exchange (NYSE:ICE<\/span>)<\/strong>, the owner of NYSE with a market cap of roughly $66 billion.<\/p>\n

This company is a top-tier compounder, which isn’t just doing well thanks to its dominance in stock exchanges, but also because it is increasingly leveraging its capabilities using new technologies and opportunities.<\/span><\/p>\n

In this article, I want to shed some light on these developments, as I believe that ICE is one of the best compounders in its industry that money can buy.<\/p>\n

So, let’s get to it!<\/p>\n

What’s ICE?<\/h2>\n

Headquartered in Atlanta, Georgia, ICE is a leading provider of market infrastructure, data services, and technology solutions to a wide range of customers, including financial institutions, corporations, and government entities.<\/p>\n

The company operates three segments.<\/p>\n

<\/span><\/p>\n\n\n\n\n\n\n
USD in Million<\/th>\n2021<\/th>\nWeight<\/th>\n2022<\/th>\nWeight<\/th>\n<\/tr>\n<\/thead>\n
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Exchanges<\/p>\n<\/td>\n

5,878<\/td>\n64.1 %<\/td>\n6,415<\/td>\n66.6 %<\/td>\n<\/tr>\n
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Fixed Income and Data Services<\/p>\n<\/td>\n

1,883<\/td>\n20.5 %<\/td>\n2,092<\/td>\n21.7 %<\/td>\n<\/tr>\n
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Mortgage Technology<\/p>\n<\/td>\n

1,407<\/td>\n15.3 %<\/td>\n1,129<\/td>\n11.7 %<\/td>\n<\/tr>\n<\/table>\n

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