ICE Completes Acquisition of S&P Global’s SPSE, CMA Assets

Intercontinental Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (NYSE: ICE), an operator of global exchanges and clearing houses has formally completed its all-cash acquisition of S&P Global’s (NYSE: SPGI) Standard & Poor’s Securities Evaluations (SPSE), following a six-month closing period, according to an ICE statement.

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The terms of the transaction were originally confirmed back in March, which will see SPSE and the group’s Credit Market Analysis (CMA) become part of ICE Data Services. ICE had announced its intent to acquire the companies on 1 March, 2016, with the objective of offering its customers around the world new data and valuation services.

With SPSE and CMA becoming a part of the suite of data products and services utilized by ICE Data Services, ICE’s newly consolidated end-to-end solution will help extend its capabilities for information, Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term and connectivity. This will also target a variety of markets, including fixed income, equities, commodities, foreign exchange (FX), and others.

Moreover, following the completion of the acquisition, SPSE will also be known as Securities Evaluations and will be managed and operated separately from the existing fixed income evaluated pricing services as offered by ICE Data Services.

According to Lynn Martin, President and Chief Operating Officer (COO) of ICE Data Services, “We look forward to working with the teams at SPSE and CMA to provide customers in the fixed income and credit markets an expanded range of solutions. By working with our customers, we will continue to innovate and invest to provide the highest quality evaluated pricing and analytics services.”