$105.09
-1.53 (-1.44%)
IntercontinentalExchange, Inc. (ICE)
CAPS Rating:
The Company operates the electronic global futures and over-the-counter, marketplace for trading an array of energy products as well as the leading global soft commodities exchange.
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We all know who went went bankrupt last year from its use of credit-default swaps..but very few know who made $ and will continue to make money.
March 5 was a great tell that the government is not going to overly regulate this pig and you better make this a core holding.
If you can not afford to float a boat of oil then this and CME is you joe average contango.
Better yet if you are a US citizen and want to know where the TARP money went DD ICE and CME