ICE to dual-list on NYSE Texas effective tomorrow

ATLANTA - Intercontinental Exchange, Inc. (NYSE:ICE), a $102 billion market cap company trading near its 52-week high of $180.89, announced today it will dual-list on NYSE Texas, effective Tuesday, June 17. According to InvestingPro data, ICE maintains a "GOOD" financial health rating and has delivered impressive revenue growth of ~13% over the last twelve months.

The company, which owns the New York Stock Exchange, will maintain its primary listing on the NYSE while adding the Texas venue as a secondary listing location, according to a press release statement.

NYSE Texas, which launched earlier this year, is the first securities exchange to operate in Texas. The exchange was created to offer companies a listing and trading venue in a state known for its business-friendly environment.

ICE Chairman and CEO Jeffrey C. Sprecher said the company is "supporting the momentum in Texas as Governor Abbott and his team create an environment where companies can thrive."

In its first three months of operation, NYSE Texas has attracted 10 companies from various sectors that have chosen to dual-list on the exchange.

Intercontinental Exchange, a Fortune 500 company, has been listed on the NYSE for nearly two decades and operates futures, equity, and options exchanges, including the New York Stock Exchange. The company also provides financial technology and data services across major asset classes.

NYSE Texas builds on the NYSE’s 230-year history as an exchange operator and represents an expansion of the company’s exchange operations into a new geographic region.

In other recent news, Intercontinental Exchange Inc. (ICE) reported its first-quarter earnings for 2025, achieving an earnings per share (EPS) of $1.72, which exceeded the forecast of $1.70. The company also reported net revenue of $2.47 billion, aligning with expectations. ICE Bonds has introduced a new feature called Price Improvement Volume Clearing (PIVC) to enhance liquidity and pricing in corporate bond trading, reflecting ICE’s commitment to providing intelligent trading solutions. Additionally, ICE announced record trading volumes in April 2025, with a 44% year-over-year rise in average daily volume and a 9% increase in open interest. The energy sector, particularly, saw significant growth, with a 41% increase in Energy ADV and an 18% rise in open interest for total oil ADV. Furthermore, the ICE First Look report highlighted an increase in U.S. Department of Veterans Affairs (VA) mortgages moving through the foreclosure pipeline following the expiration of the foreclosure moratorium. These developments underscore ICE’s role in offering some of the world’s largest markets to trade and clear energy, environmental products, and financial instruments.

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