Intercontinental Exchange, Inc. (NYSE:ICE) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET

Company Participants

Katia Gonzalez - Manager of IR

Warren Gardiner - CFO

Benjamin Jackson - President

Jeffrey Sprecher - Chairman and CEO

Lynn Martin - President of NYSE Group and Chair, ICE Fixed Income and Data Service

Conference Call Participants

Ken Worthington - JPMorgan

Ben Budish - Barclays

Dan Fannon - Jefferies

Kyle Voigt - KBW

Alex Blostein - Goldman Sachs

Brian Bedell - Deutsche Bank

Simon Clinch - Redburn Atlantic

Craig Siegenthaler - Bank of America

Michael Cyprys - Morgan Stanley

Patrick Moley - Piper Sandler

Operator

Welcome to the ICE Third Quarter 2023 Earnings Conference Call and Webcast. My name is Lauren, and I will be coordinating your call today. There will be opportunity for questions at the end of the presentation. [Operator Instructions]

I will now hand you over to your host, Katia Gonzalez, Manager of Investor Relations to begin. Please go ahead.

Katia Gonzalez

Good morning. ICE's third quarter 2023 earnings release and presentation can be found in the Investors section of the ice.com. These items will be archived and our call will be available for replay. Today's call may contain forward-looking statements. These statements, which we undertake no obligation to update, represent current judgment and are subject to risks, assumptions and uncertainties. For a description of the risks that could cause our results to differ materially from those described in forward-looking statements, please refer to our 2022 Form 10-K, third quarter Form 10-Q and other filings with the SEC.

In our earnings supplement, we refer to certain non-GAAP measures. We believe our non-GAAP measures are more reflective of our cash operations and core business performance. You'll find a reconciliation to the equivalent GAAP terms in our earnings materials. When used on this call, net revenue refers to revenue net of transaction-based expenses and adjusted earnings refers to adjusted diluted earnings per share. Throughout this presentation, unless otherwise indicated, references to revenue growth are on a constant currency basis. Please see the explanatory notes on the second page of the earnings supplement for additional details regarding the definition of certain items.

With us on the call today are Jeff Sprecher, Chair and CEO; Warren Gardiner, Chief Financial Officer; Ben Jackson, President; and Lynn Martin, President of NYSE.

I'll now turn the call over to Warren.

Warren Gardiner

Thanks, Katia. Good morning, everyone, and thank you for joining us today.