ICE Data Services Selected as the New Benchmark for Four BlackRock iShares Fixed Income ETFs

Transition completed on August 1

ATLANTA & NEW YORK--()--Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Data Services has been selected as the new benchmark provider for four of BlackRock’s iShares® U.S. bond exchange traded funds (ETFs), and the transition was completed on August 1. The four funds currently represent $18.9bn in AUM:

                                   
  Fund name         Ticker         Index         Expense ratio
                       
iShares Broad USD Investment Grade Corporate Bond ETF USIG

ICE BofAML US Corporate Index

0.06%
                       
iShares Short-Term Corporate Bond ETF IGSB ICE BofAML 1-5 Year US Corporate Index 0.06%
                       
iShares Intermediate-Term Corporate Bond ETF IGIB ICE BofAML 5-10 Year US Corporate Index 0.06%
                       
iShares Long-Term Corporate Bond ETF IGLB ICE BofAML 10+ Year US Corporate Index 0.06%
                                   
 

These four ETFs are benchmarked to ICE Data Indices, a comprehensive family of more than 5,000 global fixed income, currency and commodity indexes that leverage ICE Data Services’ trusted pricing, reference data and analytics solutions.

“As investors have expressed a desire for more focused corporate exposure, these index changes will ensure we offer the right ETFs for our clients’ evolving needs,” said Heather Brownlie, Head of U.S. iShares Fixed Income at BlackRock. “We’re pleased to work with ICE as the new benchmark index provider for these ETFs. With its proven expertise in index design and calculation services, and the high quality of its underlying data and analytics, ICE Data Indices were a natural choice for these funds.”

“BlackRock iShares is a leader in ETF issuance and we’re excited to have been selected as the index provider for these funds,” said Lynn Martin, President and Chief Operating Officer of ICE Data Services. “As the trend towards indexation continues to grow, our innovative and flexible index services offer a wide range of indices and customized solutions to meet the evolving needs of our customers.”

ICE Data Services’ multi-asset class index solution supports all aspects of the benchmarking and performance measurement process. It provides benchmark and bespoke indices on an integrated platform that drives efficient workflows across asset management, benchmarking and reporting.

About Intercontinental Exchange

Intercontinental Exchange (NYSE: ICE) is a Fortune 500 and Fortune Future 50 company formed in the year 2000 to modernize markets. ICE serves customers by operating the exchanges, clearing houses and information services they rely upon to invest, trade and manage risk across global financial and commodity markets. A leader in market data, ICE Data Services serves the information and connectivity needs across virtually all asset classes. As the parent company of the New York Stock Exchange, the company raises more capital than any other exchange in the world, driving economic growth and transforming markets.

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 http://www.intercontinentalexchange.com/terms-of-use. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key information Documents (KIDS).”

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 ICE’s Annual Report on Form 10-K for the year ended December 31, 2017, as filed with the SEC on February 7, 2018.

SOURCE: Intercontinental Exchange

ICE-CORP

Contacts

ICE Media Contact:
Damon Leavell
+1 212 323 8587
damon.leavell@theice.com

media@theice.com

ICE Investor Relations Contact:
Warren Gardiner
+1 770 835 0114
warren.gardiner@theice.com

investors@theice.com

Contacts

ICE Media Contact:
Damon Leavell
+1 212 323 8587
damon.leavell@theice.com

media@theice.com

ICE Investor Relations Contact:
Warren Gardiner
+1 770 835 0114
warren.gardiner@theice.com

investors@theice.com