Market Overview

ICE Data Services Selected as the New Benchmark for Four BlackRock iShares Fixed Income ETFs


Transition completed on August 1

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global
exchanges and clearing houses and provider of data and listings
services, today announced that ICE Data Services has been selected as
the new benchmark provider for four of BlackRock's iShares® U.S. bond
exchange traded funds (ETFs), and the transition was completed on August
1. The four funds currently represent $18.9bn in AUM:

  Fund name         Ticker         Index         Expense ratio
iShares Broad USD Investment Grade Corporate Bond ETF USIG

ICE BofAML US Corporate Index

iShares Short-Term Corporate Bond ETF IGSB ICE BofAML 1-5 Year US Corporate Index 0.06%
iShares Intermediate-Term Corporate Bond ETF IGIB ICE BofAML 5-10 Year US Corporate Index 0.06%
iShares Long-Term Corporate Bond ETF IGLB ICE BofAML 10+ Year US Corporate Index 0.06%

These four ETFs are benchmarked to ICE
Data Indices
, a comprehensive family of more than 5,000 global fixed
income, currency and commodity indexes that leverage ICE Data Services'
trusted pricing, reference data and analytics solutions.

"As investors have expressed a desire for more focused corporate
exposure, these index changes will ensure we offer the right ETFs for
our clients' evolving needs," said Heather Brownlie, Head of U.S.
iShares Fixed Income at BlackRock. "We're pleased to work with ICE as
the new benchmark index provider for these ETFs. With its proven
expertise in index design and calculation services, and the high quality
of its underlying data and analytics, ICE Data Indices were a natural
choice for these funds."

"BlackRock iShares is a leader in ETF issuance and we're excited to have
been selected as the index provider for these funds," said Lynn Martin,
President and Chief Operating Officer of ICE Data Services. "As the
trend towards indexation continues to grow, our innovative and flexible
index services offer a wide range of indices and customized solutions to
meet the evolving needs of our customers."

ICE Data Services' multi-asset class index solution supports all aspects
of the benchmarking and performance measurement process. It provides
benchmark and bespoke indices on an integrated platform that drives
efficient workflows across asset management, benchmarking and reporting.

About Intercontinental Exchange

(NYSE:ICE) is a Fortune 500 and Fortune Future 50 company
formed in the year 2000 to modernize markets. ICE serves customers by
operating the exchanges, clearing
and information services they rely upon to invest, trade and
manage risk across global financial and commodity markets. A leader in
market data, ICE Data
serves the information and connectivity needs across
virtually all asset classes. As the parent company of the New
York Stock Exchange
, the company raises more capital than any other
exchange in the world, driving economic growth and transforming markets.

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 at
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, 2017, as filed with the SEC on February 7, 2018.

SOURCE: Intercontinental Exchange


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