Intercontinental Exchange has revealed the revenues earned from its first year as administrator of the much-maligned Libor benchmark – a figure that has kept industry analysts guessing on recent earnings calls with the US derivatives bourse.
ICE Benchmark Administration, based in London, posted revenues of $11.7 million for the year ended December 31, 2014, according to accounts filed today with the UK's Companies House. Profits were $364,000.