RSS Intercontinental Exchange Acquires American Financial Exchange From 7RIDGE

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 RSS Intercontinental Exchange Acquires American Financial Exchange From 7RIDGE

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Intercontinental Exchange, Inc. (ICE), a leader in financial services, announced on Wednesday the acquisition of the American Financial Exchange from 7RIDGE. Financial details of the transaction have not been disclosed.

According to ICE, this acquisition is not expected to materially influence its financial performance in 2025 or alter its strategy for debt reduction and returning capital to shareholders.

The American Financial Exchange is responsible for the management of the credit-sensitive American Interbank Offered Rate (AMERIBOR).

In pre-market trading on the New York Stock Exchange, ICE shares have decreased by 0.13%, trading at $146.25.

The material has been provided by InstaForex Company - www.instaforex.com
 
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