ICE Launches Market Data Firm

EXCHANGE WATCH

IntercontinentalExchange (ICE), an electronic commodity trading platform, has established a company to exclusively distribute its market data, officials said last week.

The new company, called The 10x Group, offers a suite of data services, including a wireless service for traders of the platform; a web-based version of Intercontinental's trading screen; and two electronic newsletters.

Previously the ICE's data was only available to market participants via trading screens and a newsletter e-m