Intercontinental Exchange Requests Permission to Appeal Trayport Ruling

LONDON--()--As announced on March 6 2017, the Competition Appeal Tribunal (CAT) has upheld the Competition and Markets Authority (CMA) decision that ICE should divest Trayport.

Following careful consideration of the CAT's judgment, ICE has requested permission from the CAT to appeal to the Court of Appeal.

In the interim, Trayport will continue to be operated separately as it is today, and ICE will continue to engage with the CMA on the remitted issues regarding the new agreement between ICE and Trayport.

About Intercontinental Exchange

Intercontinental Exchange (NYSE: ICE) operates the leading network of regulated exchanges and clearing houses, and is a provider of global data and listing services. ICE’s futures exchanges and clearing houses serve global commodity and financial markets, providing risk management and capital efficiency. The New York Stock Exchange is the world leader in capital raising and equities trading.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at www.intercontinentalexchange.com/terms-of-use.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding ICE’s business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in Intercontinental Exchange, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2016, as filed with the SEC on February 7, 2017. We caution you not to place undue reliance on these forward looking statements. Any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement or statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of an unanticipated event. New factors emerge from time to time, and it is not possible for management to predict all factors that may affect our business and prospects. Further, management cannot assess the impact of each factor on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

SOURCE: Intercontinental Exchange

ICE-CORP

Contacts

Intercontinental Exchange
Media Contact:
James Dunseath
+44 20 7382 8216
james.dunseath@theice.com
or
Investor Contact:
Kelly Loeffler
+1 770-857-4726
kelly.loeffler@theice.com

Contacts

Intercontinental Exchange
Media Contact:
James Dunseath
+44 20 7382 8216
james.dunseath@theice.com
or
Investor Contact:
Kelly Loeffler
+1 770-857-4726
kelly.loeffler@theice.com