ICE Processed More than 1 Trillion Messages in a Day

Jeffrey Sprecher, chair & chief executive of ICE, said on the first quarter results call on May 1, 2025 that the company was pleased to report the best quarter in ICE’s history, highlighted by record revenues, record operating income and earnings per share growth.  Net revenues rose 8% year-on-tear to $2.5bn. At the New York Stock Exchange, cash equity trading volumes increased 20% year-over-year, and equity options volumes increased 8% over the same time period.  Equities and equity option trades were executed more efficiently in this period of high volatility than during the Covid outbreak, according to Sprecher. “Handling all-time high volumes and messaging rates, our technology systems rose to the occasion twice, processing more than 1 trillion messages in a single day, with a median processing time of roughly 30 microseconds,” he added. “The NYSE’s opening and closing auctions grew more than 20% to handle over $37bn in trading activity per day.”