CTBC Investments Selects ICE Index for CTBC Battery and Energy Storage Technology ETF
January 25 2022 - 7:00AM
Business Wire
Intercontinental Exchange, Inc. (NYSE: ICE), a leading global
provider of data, technology and market infrastructure, today
announced that CTBC Investments Co., Ltd. (“CTBC Investments”) has
selected the ICE FactSet® Battery and Energy Storage Technology
Index for its CTBC Battery and Energy Storage Technology ETF.
The ICE FactSet Battery and Energy Storage Technology Index is a
rules-based, modified float-adjusted market capitalization-weighted
equity benchmark designed to track the performance of companies
listed on selected global exchanges that are involved in the
manufacturing of batteries and related metal and chemical
materials, technologies and storage equipment in the battery value
chain. The CTBC Battery and Energy Storage Technology ETF will use
ICE’s index as its benchmark and will be listed on the Taiwan Stock
Exchange on January 25, 2022.
CTBC Investments is the third-largest asset management company
in Taiwan in terms of assets under management in bond ETFs. In
November 2020, ICE announced that it was collaborating with CTBC to
develop ESG indices and financial products for Taiwanese market
participants.
“This is the first battery and energy storage technology
thematic ETF listed in Taiwan,” said Magnus Cattan, Head of ICE
Fixed Income & Data Services, Asia Pacific. “This product will
help customers capture this growing megatrend, which is a key
foundation for other industries such as electric vehicles and
renewables. ICE continues to expand its reach in Asia and is
supporting its customers to offer products that capture the trends
that are shaping our world.”
“Selecting the ICE index for CTBC’s Battery and Energy Storage
Technology ETF is a tremendous amplifier of our mission of bringing
a greener future, and we truly believe the cooperation will bear
more fruit,” said Eric Chang, President of CTBC Investments.
ICE continues to grow its thematic, climate and ESG ETFs across
Asia and announced recently that it had nearly quadrupled its
assets under management benchmarked to its indices, totaling $17.1
billion at the end of 2021. ICE’s global family of indices serve as
the performance benchmark for more than $1 trillion in assets
managed by investors around the globe. For more information about
ICE’s Indices, please visit:
https://www.theice.com/market-data/indices.
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500
company that designs, builds and operates digital networks to
connect people to opportunity. We provide financial technology and
data services across major asset classes that offer our customers
access to mission-critical workflow tools that increase
transparency and operational efficiencies. We operate exchanges,
including the New York Stock Exchange, and clearing houses that
help people invest, raise capital and manage risk across multiple
asset classes. Our comprehensive fixed income data services and
execution capabilities provide information, analytics and platforms
that help our customers capitalize on opportunities and operate
more efficiently. At ICE Mortgage Technology, we are transforming
and digitizing the U.S. residential mortgage process, from consumer
engagement through loan registration. Together, we transform,
streamline and automate industries to connect our customers to
opportunity.
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 here. FactSet® is a trademark of FactSet
Research Systems, Inc. and/or its affiliates and used under
license. Other products, services, or company names mentioned
herein are the property of, and may be the service mark or
trademark of, their respective owners. Key Information Documents
for certain products covered by the EU Packaged Retail and
Insurance-based Investment Products Regulation can be accessed on
the relevant exchange website under the heading “Key Information
Documents (KIDS).”
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, 2020, as
filed with the SEC on February 4, 2021.
SOURCE: Intercontinental Exchange
ICE-CORP
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220125005553/en/
ICE Media Contact: Damon Leavell damon.leavell@ice.com
(212) 323-8587
media@ice.com
ICE Investor Contact: Mary Caroline O’Neal
marycaroline.oneal@ice.com (770) 738-2151
investors@ice.com
Intercontinental Exchange (NYSE:ICE)
Historical Stock Chart
From Apr 2024 to May 2024
Intercontinental Exchange (NYSE:ICE)
Historical Stock Chart
From May 2023 to May 2024