Ice Open Network (ION) news

Sector Update: Financial Stocks Gain Late Afternoon

03:57 PM EDT, 10/05/2026 (MT Newswires) -- Financial stocks rose in late Monday afternoon trading with the NYSE Financial Index adding 0.8% and the State Street Financial Select Sector SPDR ETF (XLF) up 0.7%. The Philadelphia Housing Index fell 0.7%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) declined 0.3%. Bitcoin (BTC-USD) shed 1% to $85,673, and the yield for 10-year US Treasuries rose 3.4 basis points to 5.31%. In economic news, the Institute for Supply Management's US services index fell to 54.9 in September from 55.4 in August, compared with expectations for 55.0 in a survey compiled by Bloomberg. The S&P Global US services index rose to 58.8 in September from a 58.7 flash reading and was up from 56.5 reported in August, compared with expectations for no revision in a survey compiled by Bloomberg. In corporate news, Citigroup (C) is reducing its investment banking analyst program to two years from three to retain junior bankers amid competition from private equity firms, Bloomberg reported. Citi shares were fractionally lower. Allstate (ALL) is among six major insurers facing a Senate probe into claim payment practices, the Wall Street Journal reported, citing senators' letters. Allstate shares were up 0.4%. Intercontinental Exchange (ICE) launched new tanker and container freight futures and options as average daily volume across its freight markets rose 33% this year. The shares rose 1.3%. Ares Management (ARES) is seeking a multimillion-pound upfront payment from BT Group in exchange for supporting a potential takeover of struggling broadband provider TalkTalk, Sky News reported. Ares shares were down 0.6%.

Sector Update: Financial Stocks Rise in Afternoon Trading

01:59 PM EDT, 10/05/2026 (MT Newswires) -- Financial stocks rose in Monday afternoon trading with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each adding 0.7%. The Philadelphia Housing Index fell 0.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) declined 0.3%. Bitcoin (BTC-USD) gained 0.1% to $85,380, and the yield for 10-year US Treasuries rose 6.5 basis points to 5.348%. In economic news, the Institute for Supply Management's US services index fell to 54.9 in September from 55.4 in August, compared with expectations for 55.0 in a survey compiled by Bloomberg. The S&P Global US services index rose to 58.8 in September from a 58.7 flash reading and was up from 56.5 reported in August, compared with expectations for no revision in a survey compiled by Bloomberg. In corporate news, Allstate (ALL) is among six major insurers facing a Senate probe into claim payment practices, the Wall Street Journal reported, citing senators' letters. Allstate shares rose 0.2%. Intercontinental Exchange (ICE) launched new tanker and container freight futures and options as average daily volume across its freight markets rose 33% this year. The shares rose 0.6%. Ares Management (ARES) is seeking a multimillion-pound upfront payment from BT Group in exchange for supporting a potential takeover of struggling broadband provider TalkTalk, Sky News reported. Ares shares gained 0.4%.

Intercontinental Exchange Reports 51% Rise in September Average Daily Volume

10:16 AM EDT, 10/05/2026 (MT Newswires) -- Intercontinental Exchange (ICE) said Monday its September total average daily volume rose 51% year over year, while open interest increased 13%. Total energy average daily volume climbed 26% year over year, with total oil average daily volume up 29%, the company said. Financials average daily volume rose 81% year over year as interest rates average daily volume gained 95%, it said. Agriculture and metals average daily volume rose 44% year over year during the month, Intercontinental Exchange said. Price: 149.82, Change: -0.34, Percent Change: -0.22

Sector Update: Financial Stocks Advance Pre-Bell Monday

09:26 AM EDT, 10/05/2026 (MT Newswires) -- Financial stocks were advancing pre-bell Monday, with the State Street Financial Select Sector SPDR ETF (XLF) 0.2% higher. The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.6% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.3% lower. UBS (UBS) had engaged with Nordea Bank over exiting Switzerland or potentially facing a new law that could compel it to hold up to $16 billion in additional equity or CET1 capital, Bloomberg reported, citing unnamed people familiar with the matter. UBS Group stock was up 0.6% premarket. Intercontinental Exchange (ICE) shares were up more than 1% after the company said it launched new tanker and container freight futures and options as average daily volume across its freight markets rose 33% year to date. Ares Management (ARES) is seeking a multi-million-pound upfront payment from BT Group in exchange for supporting a potential takeover of struggling broadband provider TalkTalk, as the company faces a possible administration filing, Sky News reported. Ares Management stock was 0.5% lower pre-bell.

ICE says ARM share of mortgage rate locks nears 4-year high as 30-year fixed hits 7.2%

ICE Mortgage Monitor flagged renewed adjustable-rate mortgage demand as rising fixed rates pushed ARM share above 11% of rate locks. ICE’s Conforming 30-year Fixed Rate Index hit 7.2% on Sept. 24, lifting borrower interest in lower initial ARM payments. Active first-lien ARMs rose to 3.1 million, the highest in 5.5 years, though they remain 5.6% of active mortgages. Only 1.05 million ARMs have reached their first reset, the lowest in more than 25 years, limiting near-term payment shock. About 74,000 7-year ARMs from 2020 are set to reset in 2027, with a median payment increase of USD 1,066. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ICE - Intercontinental Exchange Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610050900BIZWIRE_USPR_____20261005_BW722684) on October 05, 2026, and is solely responsible for the information contained therein.

BRIEF-Intercontinental Exchange, - September 2026 Total Adv Up 51% Q3 Total Adv Up 31%

Intercontinental Exchange, Inc. ICE.N: INTERCONTINENTAL EXCHANGE, - SEPTEMBER 2026 TOTAL ADV UP 51%; Q3 TOTAL ADV UP 31% Source text: ID:nBw48vPgWa Further company coverage: ICE.N

TD Cowen Downgrades Intercontinental Exchange to Hold From Buy, Price Target is $166

05:56 AM EDT, 10/05/2026 (MT Newswires) -- Intercontinental Exchange (ICE) has an average rating of overweight and mean price target of $185.07, according to analysts polled by FactSet. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

INTERCONTINENTAL EXCHANGE, INC. <ICE.N>: TD COWEN CUTS TO HOLD FROM BUY; CUTS TARGET PRICE TO $166 FROM $177

INTERCONTINENTAL EXCHANGE, INC. : TD COWEN CUTS TO HOLD FROM BUY; CUTS TARGET PRICE TO $166 FROM $177

Ripple to unite Swell, Apex, UBRI in New York with BNY, ICE, Robinhood leaders

Ripple’s Swell 2026 to spotlight first year of US spot XRP ETF

ICE declares gross dividend of R$ 0.1526322180 per unit for BRI1CEBDR 003

Piper Sandler Adjusts Intercontinental Exchange Price Target to $195 From $190, Maintains Overweight Rating

INTERCONTINENTAL EXCHANGE, INC. <ICE.N>: WELLS FARGO INITIATES COVERAGE WITH UNDERWEIGHT RATING; TARGET PRICE $159

INTERCONTINENTAL EXCHANGE, INC. <ICE.N>: PIPER SANDLER RAISES TARGET PRICE TO $195 FROM $190

Apollo expands daily pricing across $850 billion credit platform to boost private credit transparency

MarketAxess-ICE merger HSR antitrust review clock resets, now set to expire Oct. 29

Kalshi Weighs $1B Funding Round at Nearly $40B Valuation as It Expands

Intercontinental Exchange Says Wells Fargo Renewed Agreement to Use Its Mortgage Loan Servicing System

Intercontinental Exchange launches new products such as JKM LNG options to expand its energy market

ICE says US mortgage delinquency rate rises 14 bps to 3.53% in August on calendar effects

Fed Rate Hike Adds More Pressure as U.S. Mortgage Rates Rise for Four Consecutive Weeks, Approaching 7%, Housing Market Recovery May Be Further Delayed

Freddie Mac reported on Thursday that as of September 17, the average 30-year fixed mortgage rate in the United States rose to 6.95%, up from 6.76% the previous week. This marks the fourth consecutive weekly increase and the highest level since January 2025.

NYSE Parent ICE Eyes Avalanche for 24/7 On-Chain Trading via ATS Platform

Meme Coin Launchpads Captured 82% of Arc's First Day Trading Volume

Sector Update: Financial Stocks Higher Late Afternoon

Sector Update: Financial Stocks Higher Friday Afternoon

Market Chatter: Intercontinental Exchange Warehouses Could Receive Huge Volumes of Arabica Coffee

Market Chatter: Energy Transfer set to Switch Primary Listing To TXSE From NYSE

Ripple Swell to Feature India's Former Central Bank Governor

Circle Arc blockchain launches with BlackRock, DTCC and Visa as validators

Trading Alert: U.S. stock market closed for one day on September 7 due to Labor Day

September 7 (Monday) is the U.S. Labor Day holiday, and the U.S. stock market will be closed for one day. Normal trading will resume on September 8 (Tuesday).