ATLANTA & NEW YORK--(BUSINESS WIRE)--Oct 23, 2017--Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, has been named to the . The innovative methodology employed by Fortune and The Boston Consulting Group includes a set of forward-looking metrics to determine the top 50 companies that are best positioned to adapt and deliver growth in a complex environment.
In describing the ranking, Fortune stated: “Preserving past advantages and position is not sufficient to thrive in today’s complex and dynamic business environment. In a fast-changing world, only the vital will survive.”
“ICE’s commitment to our entrepreneurial culture means that our strategy is future-focused by definition because it is driven by our customers’ evolving needs rather than adhering to a legacy business model or mindset,” said ICE Chairman and CEO Jeffrey C. Sprecher. “We formed the company based on the market’s need for innovation, and we continue to extend our solutions driven by this same need. I’m proud that we’ve built a dynamic culture of leading change and identifying opportunities to support our customers and to find new ways to advance global markets.”
The Fortune Future 50 ranking has two pillars: 1) a market view of growth potential and 2) an assessment of the firm’s actual capacity to deliver that growth, based on four dimensions: strategy, technology and investments, people and structure. The ranking included 25 Leaders above $20 billion in market capitalization and 25 Challengers represented by small and mid-cap companies.
ICE was also named to the Fortune 500 in June 2017 and is the only exchange operator included in the ranking. Formed in 2000, ICE is the parent company of the New York Stock Exchange, which is one of its 12 exchanges. ICE is also a leading operator of central counterparty clearing houses, responsible for providing risk management in global derivatives markets, and operates ICE Data Services which offers global market data solutions.
About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) is a Fortune 500 company that operates a leading network of global futures, equity and equity options exchanges, as well as global clearing and data services across financial and commodity markets. The New York Stock Exchange is the world leader in capital raising, listings and equities trading.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at www.intercontinentalexchange.com/terms-of-use.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2016, as filed with the SEC on February 7, 2017.
SOURCE: Intercontinental Exchange
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SOURCE: Intercontinental Exchange
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PUB: 10/23/2017 04:15 PM/DISC: 10/23/2017 04:14 PM