⚡📈🛢️ ICE Q1 Profit Surges as Energy & Options Trading Booms Amid Market Turmoil
🔹 Summary:
Intercontinental Exchange posted strong Q1 results, fueled by heightened energy and options trading volumes as geopolitical and trade tensions spurred market volatility.
Revenue from energy-related products jumped 22%, with natural gas and oil trading seeing particularly sharp increases.
🔹 Key Points:
• Q1 adjusted EPS rose to $1.72 from $1.48 a year ago, beating expectations.
• Energy trading ADV climbed 24%, led by oil, gasoil, and refined products.
• Natural gas ADV soared 33%, underscoring robust market participation.
• Energy trading revenue hit $557M, up 22% year-over-year.
• ICE benefited from volatility driven by U.S. trade policy shifts and Ukraine war concerns.
@CMEActiveTrader Tickers Of Interest: $CL $NG $BZ $RB
Tickers Of Interest: $ICE $SPX $USD

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