
Q3 2025
In this issue, discover new content across ICE Pricing and Analytics, explore ICE’s Global Climate Risk Solution, save the date for the ICE Strategic Alliances Forum, and meet ICE Bonds President Peter Borstelmann as he shares his perspective on joint opportunity in 2025.
ICE and Forge Global have entered into an agreement to distribute Forge Price™—a proprietary dataset designed to bring transparency and insight to the private market. As part of this agreement, Forge Price™ will be distributed via ICE distribution channels together with ICE’s suite of data offerings. Forge Price™ is a derived dataset that reflects the up-to-date indicative price performance for approximately 200 venture-backed, pre-IPO companies.
ICE recently expanded our geospatial platform to provide climate risk data for over 3 million corporate asset locations, mapped against 20,000 companies globally. The solution can help our clients assess physical risk impact from hurricanes, wildfires, and floods across asset classes: equity, fixed income, sovereign, municipal, MBS, and mortgage loans.
We released a new video explaining how our approach to quantitative modelling—along with extrapolation of market signals—allows us to cover a broad spectrum of global fixed income assets to meet the demand for pricing.
Go deeper: Learn more about our Pricing & Reference Data solutions and ICE Bonds.
ICE is now dual-listed on both the New York Stock Exchange and NYSE Texas, joining the growing community of companies bringing their business to Texas.
ICE is working with NatureAlpha, a provider of AI-driven nature and biodiversity risk analytics, to integrate NatureAlpha’s nature-related metrics into the ICE Climate Analytics Platform, which provides physical and transition climate risk metrics and analytics for fixed income and equity assets globally.
FIA Expo Chicago 2025 Nov. 17-18
Fixed Income Forum — New York City Nov. 19
ICE Strategic Alliances Forum — NYSE Dec. 10
What is your role at ICE and how long have you been with the company?
I’m the President of ICE Bonds, our registered broker-dealer offering a broad range of execution protocols and workflow solutions across fixed income instruments. I’ve been with ICE for 11 years and have led the ICE Bonds business for the past five.
Where do you see the most opportunity for ICE Data Services and our channel partners in 2025 and beyond?
I see significant opportunity in expanding access to fixed income markets through smarter data, more efficient execution and greater connectivity across customer segments as we see Institutional and Retail/Wealth converge. As transparency and workflow automation continue to evolve, ICE channel partners are uniquely positioned to help our mutual clients navigate their requirements.
A fun fact about yourself
I’m a proud father of four, which means most of my weekends are spent shuttling between sporting events or dance competitions. When we do have down time, we are usually found rooting on Villanova or the Knicks!
ICE teamed up with FlexTrade to demonstrate how our sophisticated bond datasets operate within FlexFI, FlexTrade’s fixed-income EMS. Follow the link to watch this on demand buy-side webinar recording.
ICE sits down with Ridgeline CTO John Ruggiero on the floor of the NYSE to discuss the evolution of AI from conversational tools to autonomous agents—and how that shift is transforming compliance and operations across finance.
ICE Bonds announced the launch of a new Request-for-Quote (RFQ) protocol for Mortgage-Backed Securities (MBS). This new functionality sits alongside ICE Bonds’ existing MBS Click-to-Trade marketplace and allows clients to send MBS RFQs within ICE TMC’s anonymous trading pool.
Trading and execution services are offered through ICE Bonds Securities Corporation or ICE Bonds, member FINRA , MSRB and SIPC . The information found herein, has been prepared solely for informational purposes and should not be considered investment advice, is neither an offer to sell nor a solicitation of an offer to buy any financial product(s), is intended for institutional customers only and is not intended for retail customer use.