About New York Stock Exchange
You started Intercontinental Exchange (ICE) in 1997 by buying a technology start-up for $1 that was aimed at providing transparent pricing for electric power companies. What was your vision?
I wanted to create a transparent market where market prices would be highly accessible to anyone in any location and build the technology solution to distribute those prices.
In the three years following the purchase, I worked alongside Chuck Vice, who is now President & COO at ICE, and a small team of technologists to build web-based technology that would make us a borderless company that served all interested buyers and sellers of energy. Simultaneously, we were building an understanding of the needs of transacting in the electric utility markets – specifically buying and selling power as a way of balancing the electric power grid and hedging natural gas prices as an input… Continue reading about New York Stock Exchange here.