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Jeffrey Sprecher was a power plant developer who spotted a need for a seamless market in natural gas used to fuel power stations. [2] In the late 1990s, Sprecher acquired Continental Power Exchange, Inc. with the objective of developing an Internet-based platform to provide a more transparent and efficient market structure for over-the-counter energy commodity trading.
Jeffrey Craig Sprecher (/ ˌ s p r ɛ k ə r /, SPREK-ər, born February 23, 1955) is an American businessman, the founder, chairman, and CEO of Intercontinental Exchange, and chairman of the New York Stock Exchange.
The New York Stock Exchange (NYSE, nicknamed "The Big Board") [4] is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is the largest stock exchange in the world by market capitalization , [ 5 ] [ 6 ] [ 7 ] exceeding $25 trillion in July 2024. [ 8 ]
On Sept. 4, ICE bought home loan servicing and data analytics provider Black Knight for $11.9 billion, a price that exceeded the $8.2 billion Sprecher paid for his most famous deal, the 2013 ...
Political map of the Americas. This is a list of active stock exchanges in the Americas.Stock exchanges in Latin America (where Spanish and Portuguese prevail) use the term Bolsa de Valores, meaning "bag" or "purse" of "values".
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NYSE Arca, previously known as ArcaEx, an abbreviation of Archipelago Exchange, is an exchange on which both stocks and options are traded. It was owned by Intercontinental Exchange . It merged with the New York Stock Exchange in 2006 and now operates as a subsidiary of the NYSE Group, Inc. [ 2 ] [ 3 ] It is headquartered in Chicago .
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