Intercontinental Exchange Completes Acquisition of SuperDerivatives

Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, has completed its previously announced acquisition of SuperDerivatives, a leading provider of risk management analytics, financial market data and valuation services. The acquisition closed on October 7, 2014 in an all-cash transaction of approximately $350 million.

“With this acquisition we will be able to offer our customers enhanced data and technology services and continue to grow our clearing offering through the addition of a strong foundation of financial market data,” said Jeffrey C. Sprecher, ICE Chairman and CEO.

David Gershon, SuperDerivatives Chairman and CEO added: “We look forward to combining our innovative data and technology offering with ICE’s trading and clearing operations to bring customers a robust and modern financial information platform for cash and derivatives to make and execute informed trading decisions for OTC and exchange products.”

SuperDerivatives provides risk management analytics and systems across all asset classes, including interest rates, foreign exchange, credit, equities, energy and commodities to customers ranging from banks, asset managers, corporations, central banks, auditors and brokers. SuperDerivatives’ DGX front-end data system is a modern and powerful web-based platform to deliver real time analytics, data, news and multi participant chat with video in a cost-efficient manner. Other products and services include independent valuation, market data for mark-to-market, multi-asset derivatives front office and risk systems and a multi-asset over-the-counter execution platform.

ICE was advised by Greenberg Traurig P.A. SuperDerivatives was advised by Barclays and White & Case LLP.

About Intercontinental Exchange

Intercontinental Exchange (NYSE: ICE) is the leading network of regulated exchanges and clearing houses for financial and commodity markets. ICE delivers transparent, reliable and accessible data, technology and risk management services to markets around the world through its portfolio of exchanges, including the New York Stock Exchange, ICE Futures and Liffe.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE, New York Stock Exchange and LIFFE. 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 ICE's Annual Report on Form 10-K for the year ended December 31, 2013, as filed with the SEC on February 14, 2014.

SOURCE: Intercontinental Exchange

ICE-CORP