Large Outflow of Money Witnessed in Intercontinental Exchange

Intercontinental Exchange (ICE) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (14.8 million) in Intercontinental Exchange (ICE). On Tuesday, The value of composite uptick trades was $37.85 million, whereas, the value of composite downtick trades was $52.66 million and the ratio between the two was 0.72, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $16.9 million. The negative money flow of ($16.9 million) shows selling on strength. Intercontinental Exchange (ICE) gained $2.54 intraday at $260.48 and registrered 0.98% for the week.


The company Insiders own 1.4% of Intercontinental Exchange shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -20.87% . Institutional Investors own 88.95% of Intercontinental Exchange shares. During last six month period, the net percent change held by insiders has seen a change of -2.7%. In an insider trading activity, Vice Charles A, officer (President&Chief Op. Officer) of Intercontinental Exchange, Inc., unloaded 2,000 shares at an average price of $253.97 on July 6, 2016. The total amount of the transaction was worth $507,940, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of Intercontinental Exchange, Inc. rose by 2.2% in the last five trading days and 0.02% for the last 4 weeks. Intercontinental Exchange, Inc. is up 12.16% in the last 3-month period. Year-to-Date the stock performance stands at 2.35%.

Intercontinental Exchange (NYSE:ICE): stock turned positive on Tuesday. Though the stock opened at $259.55, the bulls momentum made the stock top out at $261.17 level for the day. The stock recorded a low of $258.3101 and closed the trading day at $260.48, in the green by 0.98%. The total traded volume for the day was 619,095. The stock had closed at $257.94 in the previous days trading.

Intercontinental Exchange, Inc. (ICE) is a global operator of regulated exchanges, clearing houses and data services for financial and commodity markets. The Company operates marketplaces for trading and clearing an array of securities and derivatives contracts across asset classes, including energy and agricultural commodities, equities and equity derivatives, among others. Its regulated exchanges include futures exchanges in the United States, United Kingdom, Canada, Singapore and Europe, three securities exchanges and two equity options exchanges. The Company also operates over-the-counter (OTC), markets for physical energy and credit default swaps (CDS). Its products and services include Regulated Energy Futures Contracts, Regulated Agricultural Futures Contracts, Regulated Financial Futures Contracts, Securities Products and Listings, Credit Derivatives Products, OTC Energy Products, ICE Data Services and New York Stock Exchange (NYSE) Data Services.

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