What is Intercontinental Exchange?
Intercontinental Exchange is the company that owns the New York Stock Exchange. It also runs global futures exchanges and clearing houses, sells fixed income pricing, data, and indices, and provides digital tools for the US mortgage process. On Nika, ICE is a trade.xyz perpetual on Hyperliquid that tracks the price of one share of Intercontinental Exchange, Inc. common stock (NYSE: ICE), in US dollars.
What moves the price of Intercontinental Exchange?
Trading and clearing volumes on Intercontinental Exchange's markets, from Brent crude and natural gas futures to NYSE listed stocks, drive a large part of its revenue. Its recurring fixed income and data subscriptions and the pace of US mortgage activity, which feeds its mortgage technology business, also matter.
When does Intercontinental Exchange trade, and how is it priced?
trade.xyz lists the external pricing session for ICE as Monday 9:30 AM to Friday 4:00 PM ET, following US equity trading hours and holidays, with prices taken from US trading in Intercontinental Exchange shares. At other times, including weekends and US market holidays, the oracle switches to internal pricing, a slow moving average that follows the Hyperliquid order book, so the perpetual keeps trading 24/7. A position does not give ownership of Intercontinental Exchange shares.
What does the 24-hour change show?
It compares the current ICE price with its price roughly 24 hours earlier on Hyperliquid.
What is the maximum leverage?
Hyperliquid currently lists this market with maximum leverage of 10x. Available leverage may change.