Intercontinental Exchange Announces ICE Futures U.S. Contract Based on NYSE FANG+™ Index of Tech Stocks; Efficiently Hedge or

  Intercontinental Exchange Announces ICE Futures U.S. Contract Based on NYSE
  FANG+™ Index of Tech Stocks; Efficiently Hedge or Gain Exposure to Key Tech
  Sector Stocks with Futures

Business Wire

ATLANTA & NEW YORK -- September 26, 2017

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges
and clearing houses and provider of data and listings services, announced the
launch of the NYSE FANG+^TM Index, an index that provides exposure to a select
group of highly-traded growth stocks of next generation technology and
tech-enabled companies. On November 8, 2017, ICE Futures U.S. plans to launch
a quarterly futures contract based on the NYSE FANG+ Index, subject to
regulatory review.

The NYSE FANG+ Index is equal-weighted and will initially consist of the five
core FANG stocks, including Facebook, Apple, Amazon, Netflix and Alphabet’s
Google, plus another five actively-traded technology growth stocks -- Alibaba,
Baidu, NVIDIA, Tesla and Twitter. Starting today, the real-time NYSE FANG+
Index will be calculated and disseminated through the NYSE Global Index Feed
under the symbol “NYFANG.”

The launch of the futures contract on ICE Futures U.S. is designed to offer
hedging of and exposure to the NYSE FANG+ Index with the capital efficiency of
futures, and will complement the exchange’s equity index futures complex.

“Given their size, performance and innovation, the FANG stocks are among the
most widely traded stocks and we’re pleased to offer a capital efficient means
of accessing and hedging these growth stocks in a cost-effective way,” said
Trabue Bland, President of ICE Futures U.S. “We are leveraging our product
development, index solutions and global feeds to develop, distribute and trade
this new index future.”

Based on back-tested performance data, the combination of stocks in the NYSE
FANG+ Index have returned a 28.44% annualized total return from September 19,
2014 to September 15, 2017, as compared to 14.89% for the NASDAQ-100®, 9.86%
for the S&P 500® and 16.80% for the S&P 500® Information Technology Index.
More information on the NYSE FANG+ Index’s performance, data and trading the
futures contract can be found at

About Intercontinental Exchange

Intercontinental Exchange (NYSE:ICE) is a Fortune 500 company that operates a
leading network of global futures, equity and equity options exchanges, as
well as global clearing and data services across financial and commodity
markets. The New York Stock Exchange is the world leader in capital raising,
listings and equities trading.

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

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, 2016, as filed with the
SEC on February 7, 2017.


Apple® is a registered trademark of Apple, Inc.

Facebook® is a registered trademark of Facebook, Inc.

Amazon® is a registered trademark of Amazon Technologies, Inc.

Netflix® is a registered trademark of Netflix, Inc.

Google® is a registered trademark of Google, Inc.

Alibaba® is a registered trademark of Alibaba Group Holding Limited

Baidu® is a registered trademark of, Inc.

Nvidia® is a registered trademark of Nvidia Corporation

Tesla® is a registered trademark of Tesla, Inc.

Twitter® is a registered trademark of Twitter, Inc.

S&P 500® is a registered trademark of Standard & Poor’s Financial Services LLC

NASDAQ-100® is a registered trademark of NASDAQ, INC.

None of the foregoing entities are affiliated with, endorsed by, or sponsored
by Intercontinental Exchange, Inc., or any of its subsidiaries or affiliates,
and the inclusion of the entities on our web site does not evidence a
relationship with those entities in connection with the Index, nor does it
constitute an endorsement by those entities of the Index or NYSE.

SOURCE: Intercontinental Exchange


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Damon Leavell
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Warren Gardiner
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