2024-06-29 14:35:47 ET
Summary
- Intercontinental Exchange is a well-diversified global exchange group with significant revenue from Exchanges, Fixed Income & Data Services, and Mortgage Technology.
- ICE has a track record of growth and diversification, expanding into commodities, metals, interest rates, equities, and options trading.
- Following the acquisition of Black Knight, ICE's revenue mix has become more diversified, with potential for multiple expansion and growth in the mortgage market.
A Well Diversified Exchange and Data Provider; Multiple Likely to Expand as Mortgage Market Improves ...
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Intercontinental Exchange: Undervalued, Diversified Exchange With Strong History Of Acquisition Integrations