Top 10 Consumer Service Companies To Watch For 2015

Top 10 Consumer Service Companies To Watch For 2015: Intercontinentalexchange Group Inc (ICE)

IntercontinentalExchange Group, Inc., incorporated on March 6, 2013, is a network of regulated exchanges and clearing houses for financial and commodity markets. The Company delivers transparent and accessible data, technology and risk management services to markets around the world through its portfolio of exchanges, including the New York Stock Exchange, ICE Futures, Liffe and Euronext. In February 2014, Intercontinentalexchange Group Inc completed the acquisition of Singapore Mercantile Exchange.

In November 2013, the Company announced the acquisition of NYSE Euronext. In November 2013, Financial Technologies (India) Ltd announced that Financial Technologies Singapore Pte. Ltd., a wholly owned subsidiary of Financial Technologies (India) Ltd., sold its ownership in SMX (together with its wholly owned subsidiary SMX CC) to ICE Singapore Holdings Pte. Ltd., an entity owned by the Intercontinentalexchange Group Inc.

Advisors' Opinion:

• [By Ben Levisohn]

  But even with markets trading in a range since July, there was plenty of action in individual stocks, even as earnings season nears an end. CME Group (CME), for instance, gained 4% to $74.44, its biggest move two months, after the exchange operator said trading volume in its Brent crude oil futures contracts climbed above 100,000 for the first time on Aug. 8. CME is trying to woo traders away from IntercontinentalExchange’s (ICE) dominant futures contract. Xerox (XRX), meanwhile, finished up 3.4% at $10.49 after Citigroup upgraded its stock to Buy from Neutral and the company announced that it would acquire a Canadian company.

• [By DAILYFINANCE]

  Richard Drew/AP WASHINGTON -- Regulators have approved the proposed $8 billion sale of the venerable New York Stock Exchange to a much younger futures exchange. The deal is a symbol of how financial markets are being increasingly resha! ped by high technology. The Securities and Exchange Commission disclosed Friday that it's authorized the takeover of the two-centuries-old NYSE's parent by Atlanta-based IntercontinentalExchange, or ICE. The rival acquiring company, founded in 2000, has expanded rapidly through acquisitions during the past decade. The SEC said in a filing that it's determined that the merger of the exchanges would comply with securities laws and regulations. The merger also must be approved by regulators in Europe. The NYSE's parent is NYSE Euronext, which includes stock exchanges in Europe. The European Commission, the executive body of the 28-nation European Union, gave its approval in June. The deal is expected to close in the fall. For each share of NYSE Euronext stock they own, shareholders would be able to choose either $33.12 in cash, about a quarter-share of ICE, or a combination of $11.27 in cash and around one-sixth of a share of ICE. ICE's offer was valued at $8 billion when it was announced in December. Based on ICE's current share price, the deal would be worth about $10 billion. ICE (ICE) shares were up $1.12 at $181.47 in trading Friday. NYSE Euronext (NYX) shares rose 22 cents to $42.07. "We welcome the [SEC] decision," NYSE Euronext spokesman Rich Adamonis said. ICE representatives didn't immediately return a call seeking comment. ICE has said that little would change for the NYSE trading floor -- known as the Big Board -- at the corner of Wall and Broad streets in Manhattan's financial district. But the NYSE'S clout has been eroded by the rapid advance of technological and regulatory changes. Its importance today is mostly symbolic. While brokerage fees for stock trading have declined, futures exchanges like ICE ha

• [By Lauren Pollock]

  Michael Kors Holdings Ltd.(KORS) will replace NYSE Euronext Inc.(NYX) in the S&P 500 after trading closes Friday as IntercontinentalExchange Inc.'s(ICE) deal to acquire NYSE is expected to close soon. Shares rose 3.3% to $78.90.

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[By Sam Mamudi]

Exchange companies have sought new sales sources as profits from trading shrunk because of falling volume and competition. Nasdaq OMX Group Inc. bought electronic bond platform eSpeed in July while NYSE Euronext is being taken over by futures exchange operator IntercontinentalExchange Inc. (ICE) Bats and Direct Edge are focused on equities and may wring more money from data, Ratterman said in a phone interview yesterday.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-10-consumer-service-companies-to-watch-for-2015.html