IntercontinentalExchange, Inc. (NYSE: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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ICE is currently undervalued currently because it is lumped in with struggling financial sector, but as an exchange, it benefits from high volatility (trade volume). Enjoys exceptional margin, and has industry leading trading platform performance. Is well positioned vs. other exchanges given it's role as a derivatives exchange and clearing house.