Intercontinental Exchange traded at $131.34 this Monday June 22nd, decreasing $2.54 or 1.90 percent since the previous trading session. Looking back, over the last four weeks, Intercontinental Exchange lost 12.81 percent. Over the last 12 months, its price fell by 26.92 percent. Looking ahead, we forecast Intercontinental Exchange to be priced at 131.12 by the end of this quarter and at 123.18 in one year, according to Trading Economics global macro models projections and analysts expectations.
Intercontinental Exchange, Inc. is a provider of marketplace infrastructure, data services and technology solutions to a range of customers, including financial institutions, corporations and government entities. The Company's business is conducted through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. Exchanges segment consists of regulated marketplaces for the listing, trading and clearing of an array of derivatives contracts and financial securities, such as commodities, interest rates, foreign exchange and equities as well as corporate and exchange-traded funds (ETFs). Fixed Income and Data Services segment includes its fixed income data and analytics offerings, fixed income execution, CDS clearing and other multi-asset class data and network services. Mortgage Technology segment includes MERS, Simplifile, and Ellie Mae mortgage services businesses, which provides mortgage technology solutions for the United States residential mortgage market.