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Jeffrey Sprecher was a power plant developer who spotted a need for a seamless market in natural gas used to fuel power stations. [2] In the late 1990s, Sprecher acquired Continental Power Exchange, Inc. with the objective of developing an Internet-based platform to provide a more transparent and efficient market structure for over-the-counter energy commodity trading.
In 2018, Intercontinental Exchange formed Bakkt, “a pioneering marketplace in digital currency futures.”In January 2021, the company announced that “Bakkt’s being absorbed into a special purpose acquisition company (SPAC) sponsored by Chicago investment fund Victory Park Capital.”
But Jeff Sprecher, founder and CEO of commodities and securities trading colossus Intercontinental Exchange (market cap: $64 billion), just made the biggest acquisition in his enterprise’s 23 ...
Farley became the president of the Intercontinental Exchange (ICE) and chief operating officer of the ICE Futures U.S. in 2007. [2] He later served as senior vice president of financial markets at the ICE. [2] Farley served as the chief operating officer of the NYSE Group from November 2013 to May 2014. [2] He served as its president from 2014 ...
The company announced that it has signed a definitive agreement to acquire the Singapore Mercantile Exchange. The IntercontinentalExchange to Acquire Singapore Mercantile Exchange
In 2004, Loeffler married Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange and chairman of the New York Stock Exchange. [15] They live in Tuxedo Park, Atlanta , [ 102 ] in a $10.5 million, 15,000-square-foot (1,400 m 2 ) estate, bought in 2013 in what was then the most expensive residential real estate transaction ever ...
After the Intercontinental Exchange (ICE) purchased Interactive Data in 2015, Martin became head of ICE's fixed-income and data business unit. [1] In December 2021, Martin was announced as the incoming 68th president of the New York Stock Exchange (NYSE), with her predecessor Stacey Cunningham moving onto the NYSE's board of directors.
On December 20, 2012, the boards of directors of both Intercontinental Exchange (ICE) and the NYSE Euronext approved an $8 billion acquisition of NYSE Euronext. Under the terms shareholders of NYSE would receive either $33.12 in cash for each share or .2581 IntercontinentalExchange Inc. shares, or a combination of $11.27 in cash per share plus ...