ICE completes electronic platform updates

Intercontinental Exchange (ICE) has announced a series of upgrades to its electronic platform, which the exchange estimated had improved speed by 1,700% year-on-year.

In a statement, the exchange said that the updates were the result of a "year-long technology effort" with the average round-trip transaction time set at roughly 31 milliseconds, according to exchange figures. ICE felt its system was now "on...