ATLANTA & NEW YORK & TAIPEI CITY, Taiwan--(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
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