Want to join the conversation?
At Sept. 30, 2015, $ICE had short-term investments of $21MM, compared to $1.2Bil at Dec. 31, 2014. The decrease was due to the use of $1.1Bil in proceeds from the short-term euro-denominated term deposit investments to repay the NYSE EUR Notes upon maturity on June 30, 2015. In addition, $ICE had $253MM in long-term investments at Sept. 30, 2015.
Late realization to $T that it cannot compete in the unlimited data market with its existing plans! Its newly launched plans seem more reasonable.