n THE TRADE HO T 100 n www.thetradenews.com 35
n THE TRADE HOT 100
Outspoken, controversial, a master of the markets, Jeffery Sprecher, chief executive of IntercontinentalExchange (ICE), has emerged as one
of the leading figures in the global securities industry.
As head of the Atlanta-based group, he has spearheaded several acquisi-
tions, making ICE one of the most acquisition-hungry exchange groups.
Starting with the Continental Power Exchange in 1997, Sprecher went
on to buy the International Petroleum Exchange of London in 2001.
In 2007, ICE took over the New York Board of Trade and Winnipeg
Commodity Exchange, obtaining an exclusive license to list US Russell indices.
Sprecher’s achievements with ICE were capped off with the $10.9 bil-
lion takeover of the NYSE Euronext in November 2013. The acquisition
not only brought NYSE’s famous trading floor under ICE control, but also
London’s Liffe, one of Europe’s largest derivatives exchange.
ICE has grown into a derivatives empire under Sprecher’s leadership,
with 11 futures exchanges and seven clearing houses in the US, Canada,
UK, the Netherlands and Singapore.
Since the spin off of pan-European exchange group Euronext in the
summer of 2014, Sprecher’s growth strategy for ICE has centred on build-
ing out the group’s technology services.
In September 2014, ICE agreed to acquire SuperDerivatives, a provider
of market data, trading technology and analytics, for $350 million.
Then, it agreed to buy Trayport for $650 million, giving ICE a significant
stake in Europe’s energy trading infrastructure.
The purchase of Interactive Data for $5.2 billion marks its second larg-
est deal ever and marks an aggressive push into fixed income markets.
Speaking on the completion of the Interactive Data acquisition in
December, he said: “We look forward to building on their track record of
growth, while delivering strong value to our shareholders by leveraging
our experience in integration, technology and markets.” n
Chief executive officer
Concordia University, Wisconsin