CME Group Inc. vs Intercontinental Exchange Inc.
WatchlistCME / ICEPrices through Oct 22, 2026
Why these are rivals: #1 and #2 by market value ($106B vs $89B) with SEC SIC 6200 (Security & Commodity Brokers, Dealers, Exchanges & Services).
Rivals, but right now the price gap does not have a measured habit of closing, so there is no paper idea, whatever the gap.
- Co-movement: daily return correlation, 252 sessions: 0.49 (needs >= 0.60)
- Mean reversion: ADF t-statistic of the spread: -2.36 (needs <= -2.873 (5% critical value))
Business leadership
ICE is the larger business
Annual revenue reported to the SEC. Scale, not market share.
| Year | CME | ICE | Larger |
|---|---|---|---|
| 2025 | $6.5B | $12.6B | ICE |
| 2024 | $6.1B | $11.8B | ICE |
| 2023 | $5.6B | $9.9B | ICE |
| 2022 | $5.0B | $9.6B | ICE |
| 2021 | $4.7B | $9.2B | ICE |
| 2020 | $4.9B | $8.2B | ICE |
ICE led in every year with figures for both. Market value: CME $105.5B, ICE $88.9B.
Stock leadership
CME is ahead now
Measured against the pair's own last 252 trading days.
CME leads ICE by 0.79 standard deviations: +4.3% over its usual price ratio. 2 lead switches in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| CME | +19.8% | +7.2% | +13.9% |
| ICE | +12.4% | +4.0% | +4.5% |
Relationship
Not a measured twin today
Only these tests can make a pair tradable on paper.
- Pass
- Aligned sessions: 2521 (needs >= 254)
- Fail
- Co-movement: daily return correlation, 252 sessions: 0.49 (needs >= 0.60)
- Fail
- Mean reversion: ADF t-statistic of the spread: -2.35 (needs <= -2.873 (5% critical value))
- Pass
- Speed: half-life of the spread, sessions: 15.12 (needs <= 63)
- Data
- Both stocks current
The twins over two years
Prices side by side, and the gap between them
CME CME Group Inc. ICE Intercontinental Exchange Inc.Price index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
Spread z-score: CME relative to ICE, against the 252 sessions before each day. Above 0: CME ahead; below 0: ICE ahead. Lines at +/-2 (idea) and +/-4 (stop).
Data table (504 sessions)
| Date | CME index | ICE index | z | Ahead |
|---|---|---|---|---|
| 2026-10-22 | 134.01 | 98.21 | +0.79 | CME ahead |
| 2026-10-21 | 129.55 | 94.52 | +0.88 | CME ahead |
| 2026-10-20 | 129.34 | 95.05 | +0.75 | CME ahead |
| 2026-10-19 | 128.56 | 94.95 | +0.66 | CME ahead |
| 2026-10-16 | 128.71 | 96.84 | +0.31 | near the usual relationship |
| 2026-10-15 | 126.78 | 94.95 | +0.40 | near the usual relationship |
| 2026-10-14 | 125.08 | 92.97 | +0.55 | CME ahead |
| 2026-10-13 | 121.77 | 93.76 | -0.11 | near the usual relationship |
| 2026-10-12 | 121.43 | 94.36 | -0.28 | near the usual relationship |
| 2026-10-09 | 122.88 | 93.62 | +0.10 | near the usual relationship |
| 2026-10-08 | 121.08 | 93.12 | -0.07 | near the usual relationship |
| 2026-10-07 | 118.37 | 91.46 | -0.15 | near the usual relationship |
| 2026-10-06 | 118.33 | 92.00 | -0.26 | near the usual relationship |
| 2026-10-05 | 118.27 | 91.20 | -0.11 | near the usual relationship |
| 2026-10-02 | 115.25 | 90.00 | -0.33 | near the usual relationship |
| 2026-10-01 | 116.11 | 90.79 | -0.35 | near the usual relationship |
| 2026-09-30 | 114.74 | 91.13 | -0.62 | ICE ahead |
| 2026-09-29 | 115.29 | 91.22 | -0.55 | ICE ahead |
| 2026-09-28 | 115.29 | 91.66 | -0.62 | ICE ahead |
| 2026-09-25 | 115.84 | 92.50 | -0.69 | ICE ahead |
| 2026-09-24 | 117.78 | 94.07 | -0.68 | ICE ahead |
| 2026-09-23 | 118.61 | 93.72 | -0.48 | near the usual relationship |
| 2026-09-22 | 117.03 | 91.67 | -0.31 | near the usual relationship |
| 2026-09-21 | 120.68 | 93.13 | -0.05 | near the usual relationship |
| 2026-09-18 | 120.89 | 93.19 | -0.02 | near the usual relationship |
| 2026-09-17 | 118.76 | 91.89 | -0.07 | near the usual relationship |
| 2026-09-16 | 119.33 | 92.37 | -0.06 | near the usual relationship |
| 2026-09-15 | 120.48 | 94.05 | -0.19 | near the usual relationship |
| 2026-09-14 | 122.84 | 94.56 | +0.05 | near the usual relationship |
| 2026-09-11 | 120.68 | 94.35 | -0.19 | near the usual relationship |
| 2026-09-10 | 120.04 | 93.39 | -0.10 | near the usual relationship |
| 2026-09-09 | 120.31 | 93.81 | -0.12 | near the usual relationship |
| 2026-09-08 | 121.86 | 94.56 | -0.04 | near the usual relationship |
| 2026-09-04 | 123.20 | 96.66 | -0.20 | near the usual relationship |
| 2026-09-03 | 123.53 | 98.66 | -0.45 | near the usual relationship |
| 2026-09-02 | 121.66 | 94.62 | -0.05 | near the usual relationship |
| 2026-09-01 | 125.46 | 95.67 | +0.25 | near the usual relationship |
| 2026-08-31 | 125.04 | 96.33 | +0.11 | near the usual relationship |
| 2026-08-28 | 125.18 | 97.30 | -0.01 | near the usual relationship |
| 2026-08-27 | 123.05 | 96.65 | -0.15 | near the usual relationship |
| 2026-08-26 | 123.06 | 97.06 | -0.20 | near the usual relationship |
| 2026-08-25 | 121.46 | 96.97 | -0.36 | near the usual relationship |
| 2026-08-24 | 122.27 | 97.70 | -0.36 | near the usual relationship |
| 2026-08-21 | 120.44 | 96.66 | -0.41 | near the usual relationship |
| 2026-08-20 | 118.64 | 95.07 | -0.38 | near the usual relationship |
| 2026-08-19 | 116.91 | 94.25 | -0.45 | near the usual relationship |
| 2026-08-18 | 118.93 | 93.62 | -0.13 | near the usual relationship |
| 2026-08-17 | 117.33 | 92.50 | -0.14 | near the usual relationship |
| 2026-08-14 | 118.17 | 92.75 | -0.07 | near the usual relationship |
| 2026-08-13 | 117.03 | 93.05 | -0.23 | near the usual relationship |
| 2026-08-12 | 114.83 | 90.71 | -0.14 | near the usual relationship |
| 2026-08-11 | 113.58 | 90.66 | -0.27 | near the usual relationship |
| 2026-08-10 | 115.47 | 90.24 | +0.01 | near the usual relationship |
| 2026-08-07 | 115.48 | 90.09 | +0.04 | near the usual relationship |
| 2026-08-06 | 115.77 | 89.76 | +0.13 | near the usual relationship |
| 2026-08-05 | 115.97 | 89.82 | +0.15 | near the usual relationship |
| 2026-08-04 | 115.03 | 89.43 | +0.11 | near the usual relationship |
| 2026-08-03 | 116.58 | 90.99 | +0.06 | near the usual relationship |
| 2026-07-31 | 117.29 | 91.40 | +0.09 | near the usual relationship |
| 2026-07-30 | 117.04 | 93.67 | -0.23 | near the usual relationship |
| 2026-07-29 | 116.26 | 92.48 | -0.14 | near the usual relationship |
| 2026-07-28 | 113.88 | 91.54 | -0.26 | near the usual relationship |
| 2026-07-27 | 111.84 | 89.15 | -0.16 | near the usual relationship |
| 2026-07-24 | 111.82 | 87.39 | +0.09 | near the usual relationship |
| 2026-07-23 | 111.39 | 85.84 | +0.26 | near the usual relationship |
| 2026-07-22 | 109.16 | 85.43 | +0.08 | near the usual relationship |
| 2026-07-21 | 103.97 | 83.12 | -0.16 | near the usual relationship |
| 2026-07-20 | 107.35 | 84.86 | -0.02 | near the usual relationship |
| 2026-07-17 | 107.33 | 83.71 | +0.14 | near the usual relationship |
| 2026-07-16 | 107.86 | 84.97 | +0.03 | near the usual relationship |
| 2026-07-15 | 107.38 | 83.82 | +0.14 | near the usual relationship |
| 2026-07-14 | 106.70 | 82.49 | +0.26 | near the usual relationship |
| 2026-07-13 | 107.35 | 82.52 | +0.33 | near the usual relationship |
| 2026-07-10 | 105.23 | 81.08 | +0.31 | near the usual relationship |
| 2026-07-09 | 104.99 | 80.99 | +0.30 | near the usual relationship |
| 2026-07-08 | 106.46 | 82.22 | +0.29 | near the usual relationship |
| 2026-07-07 | 105.44 | 81.79 | +0.25 | near the usual relationship |
| 2026-07-06 | 102.82 | 80.87 | +0.10 | near the usual relationship |
| 2026-07-02 | 103.63 | 79.72 | +0.35 | near the usual relationship |
| 2026-07-01 | 101.17 | 75.96 | +0.63 | CME ahead |
| 2026-06-30 | 96.72 | 73.79 | +0.45 | near the usual relationship |
| 2026-06-29 | 95.73 | 73.67 | +0.37 | near the usual relationship |
| 2026-06-26 | 96.79 | 74.24 | +0.41 | near the usual relationship |
| 2026-06-25 | 98.55 | 74.62 | +0.55 | CME ahead |
| 2026-06-24 | 101.47 | 77.94 | +0.41 | near the usual relationship |
| 2026-06-23 | 106.11 | 79.72 | +0.65 | CME ahead |
| 2026-06-22 | 107.39 | 78.73 | +0.92 | CME ahead |
| 2026-06-18 | 107.91 | 80.25 | +0.78 | CME ahead |
| 2026-06-17 | 110.61 | 80.67 | +0.99 | CME ahead |
| 2026-06-16 | 114.58 | 84.69 | +0.86 | CME ahead |
| 2026-06-15 | 116.54 | 83.98 | +1.14 | CME ahead |
| 2026-06-12 | 118.05 | 84.24 | +1.25 | CME ahead |
| 2026-06-11 | 114.83 | 83.31 | +1.08 | CME ahead |
| 2026-06-10 | 115.54 | 84.12 | +1.05 | CME ahead |
| 2026-06-09 | 112.10 | 84.85 | +0.64 | CME ahead |
| 2026-06-08 | 110.38 | 83.35 | +0.68 | CME ahead |
| 2026-06-05 | 112.74 | 84.82 | +0.72 | CME ahead |
| 2026-06-04 | 112.15 | 85.15 | +0.63 | CME ahead |
| 2026-06-03 | 110.65 | 82.99 | +0.76 | CME ahead |
| 2026-06-02 | 109.73 | 85.34 | +0.38 | near the usual relationship |
| 2026-06-01 | 112.89 | 86.89 | +0.50 | CME ahead |
| 2026-05-29 | 119.81 | 88.62 | +0.93 | CME ahead |
| 2026-05-28 | 121.50 | 88.89 | +1.05 | CME ahead |
| 2026-05-27 | 122.24 | 89.74 | +1.02 | CME ahead |
| 2026-05-26 | 123.75 | 90.30 | +1.10 | CME ahead |
| 2026-05-22 | 127.55 | 91.69 | +1.27 | CME ahead |
| 2026-05-21 | 126.70 | 90.81 | +1.31 | CME ahead |
| 2026-05-20 | 127.07 | 90.92 | +1.34 | CME ahead |
| 2026-05-19 | 132.43 | 92.38 | +1.63 | CME ahead |
| 2026-05-18 | 133.64 | 93.50 | +1.61 | CME ahead |
| 2026-05-15 | 130.90 | 92.53 | +1.52 | CME ahead |
| 2026-05-14 | 130.39 | 93.34 | +1.39 | CME ahead |
| 2026-05-13 | 130.14 | 92.79 | +1.45 | CME ahead |
| 2026-05-12 | 125.15 | 93.39 | +0.95 | CME ahead |
| 2026-05-11 | 123.76 | 94.60 | +0.70 | CME ahead |
| 2026-05-08 | 123.18 | 93.40 | +0.79 | CME ahead |
| 2026-05-07 | 125.64 | 93.57 | +0.99 | CME ahead |
| 2026-05-06 | 126.29 | 91.95 | +1.25 | CME ahead |
| 2026-05-05 | 125.62 | 93.08 | +1.07 | CME ahead |
| 2026-05-04 | 127.14 | 93.77 | +1.13 | CME ahead |
| 2026-05-01 | 126.81 | 92.76 | +1.23 | CME ahead |
| 2026-04-30 | 126.06 | 94.76 | +0.93 | CME ahead |
| 2026-04-29 | 125.82 | 93.62 | +1.05 | CME ahead |
| 2026-04-28 | 124.62 | 93.69 | +0.94 | CME ahead |
| 2026-04-27 | 123.48 | 94.08 | +0.80 | CME ahead |
| 2026-04-24 | 124.85 | 94.98 | +0.82 | CME ahead |
| 2026-04-23 | 125.03 | 94.40 | +0.91 | CME ahead |
| 2026-04-22 | 125.14 | 95.20 | +0.83 | CME ahead |
| 2026-04-21 | 124.56 | 95.08 | +0.80 | CME ahead |
| 2026-04-20 | 125.90 | 96.27 | +0.78 | CME ahead |
| 2026-04-17 | 125.99 | 96.65 | +0.75 | CME ahead |
| 2026-04-16 | 129.74 | 98.15 | +0.91 | CME ahead |
| 2026-04-15 | 130.04 | 98.95 | +0.85 | CME ahead |
| 2026-04-14 | 130.09 | 97.13 | +1.07 | CME ahead |
| 2026-04-13 | 131.65 | 98.49 | +1.06 | CME ahead |
| 2026-04-10 | 129.34 | 96.27 | +1.12 | CME ahead |
| 2026-04-09 | 130.93 | 97.09 | +1.17 | CME ahead |
| 2026-04-08 | 132.63 | 100.58 | +0.92 | CME ahead |
| 2026-04-07 | 136.03 | 99.68 | +1.33 | CME ahead |
| 2026-04-06 | 135.15 | 99.74 | +1.26 | CME ahead |
| 2026-04-02 | 133.63 | 97.69 | +1.38 | CME ahead |
| 2026-04-01 | 130.05 | 94.76 | +1.43 | CME ahead |
| 2026-03-31 | 129.36 | 94.28 | +1.44 | CME ahead |
| 2026-03-30 | 130.33 | 94.07 | +1.56 | CME ahead |
| 2026-03-27 | 128.67 | 91.51 | +1.75 | CME ahead |
| 2026-03-26 | 130.33 | 93.48 | +1.67 | CME ahead |
| 2026-03-25 | 128.74 | 94.01 | +1.47 | CME ahead |
| 2026-03-24 | 132.57 | 93.40 | +1.91 | CME ahead |
| 2026-03-23 | 134.27 | 94.21 | +1.98 | CME ahead |
| 2026-03-20 | 134.60 | 94.96 | +1.94 | CME ahead |
| 2026-03-19 | 136.09 | 95.01 | +2.09 | CME ahead |
| 2026-03-18 | 135.29 | 94.20 | +2.15 | CME ahead |
| 2026-03-17 | 137.23 | 96.40 | +2.07 | CME ahead |
| 2026-03-16 | 137.45 | 96.80 | +2.07 | CME ahead |
| 2026-03-13 | 136.39 | 95.43 | +2.18 | CME ahead |
| 2026-03-12 | 136.30 | 95.07 | +2.24 | CME ahead |
| 2026-03-11 | 132.85 | 94.12 | +2.08 | CME ahead |
| 2026-03-10 | 134.17 | 96.01 | +1.98 | CME ahead |
| 2026-03-09 | 139.76 | 99.38 | +2.08 | CME ahead |
| 2026-03-06 | 138.88 | 99.62 | +1.99 | CME ahead |
| 2026-03-05 | 138.76 | 98.30 | +2.18 | CME ahead |
| 2026-03-04 | 140.15 | 99.68 | +2.15 | CME ahead |
| 2026-03-03 | 142.40 | 98.77 | +2.51 | CME ahead |
| 2026-03-02 | 142.98 | 98.77 | +2.61 | CME ahead |
| 2026-02-27 | 139.94 | 98.38 | +2.41 | CME ahead |
| 2026-02-26 | 138.60 | 97.64 | +2.42 | CME ahead |
| 2026-02-25 | 134.62 | 96.10 | +2.27 | CME ahead |
| 2026-02-24 | 139.73 | 93.12 | +3.27 | CME ahead |
| 2026-02-23 | 137.53 | 92.37 | +3.23 | CME ahead |
| 2026-02-20 | 134.94 | 92.32 | +3.04 | CME ahead |
| 2026-02-19 | 133.11 | 92.38 | +2.90 | CME ahead |
| 2026-02-18 | 132.51 | 93.02 | +2.78 | CME ahead |
| 2026-02-17 | 132.81 | 91.97 | +3.04 | CME ahead |
| 2026-02-13 | 132.74 | 91.28 | +3.22 | CME ahead |
| 2026-02-12 | 132.11 | 89.81 | +3.47 | CME ahead |
| 2026-02-11 | 132.48 | 91.10 | +3.37 | CME ahead |
| 2026-02-10 | 134.36 | 98.79 | +2.37 | CME ahead |
| 2026-02-09 | 134.57 | 101.59 | +1.98 | CME ahead |
| 2026-02-06 | 132.39 | 101.30 | +1.78 | CME ahead |
| 2026-02-05 | 130.25 | 100.88 | +1.61 | CME ahead |
| 2026-02-04 | 129.04 | 98.81 | +1.81 | CME ahead |
| 2026-02-03 | 128.36 | 97.75 | +1.92 | CME ahead |
| 2026-02-02 | 127.35 | 103.81 | +0.84 | CME ahead |
| 2026-01-30 | 126.60 | 104.17 | +0.69 | CME ahead |
| 2026-01-29 | 126.94 | 104.96 | +0.62 | CME ahead |
| 2026-01-28 | 125.28 | 103.36 | +0.66 | CME ahead |
| 2026-01-27 | 124.60 | 103.87 | +0.50 | CME ahead |
| 2026-01-26 | 124.41 | 104.96 | +0.32 | near the usual relationship |
| 2026-01-23 | 123.83 | 103.66 | +0.45 | near the usual relationship |
| 2026-01-22 | 123.24 | 104.51 | +0.25 | near the usual relationship |
| 2026-01-21 | 122.23 | 103.04 | +0.34 | near the usual relationship |
| 2026-01-20 | 122.60 | 102.47 | +0.48 | near the usual relationship |
| 2026-01-16 | 122.42 | 104.29 | +0.18 | near the usual relationship |
| 2026-01-15 | 119.39 | 103.87 | -0.15 | near the usual relationship |
| 2026-01-14 | 120.55 | 103.66 | +0.03 | near the usual relationship |
| 2026-01-13 | 117.58 | 99.92 | +0.22 | near the usual relationship |
| 2026-01-12 | 116.06 | 99.65 | +0.06 | near the usual relationship |
| 2026-01-09 | 114.95 | 99.49 | -0.07 | near the usual relationship |
| 2026-01-08 | 116.78 | 97.09 | +0.57 | CME ahead |
| 2026-01-07 | 116.87 | 97.06 | +0.59 | CME ahead |
| 2026-01-06 | 117.88 | 99.51 | +0.34 | near the usual relationship |
| 2026-01-05 | 120.47 | 99.27 | +0.72 | CME ahead |
| 2026-01-02 | 118.11 | 95.90 | +0.96 | CME ahead |
| 2025-12-31 | 119.60 | 97.08 | +0.98 | CME ahead |
| 2025-12-30 | 120.81 | 97.80 | +1.02 | CME ahead |
| 2025-12-29 | 121.94 | 98.29 | +1.10 | CME ahead |
| 2025-12-26 | 121.20 | 98.02 | +1.05 | CME ahead |
| 2025-12-24 | 121.05 | 97.48 | +1.13 | CME ahead |
| 2025-12-23 | 120.68 | 97.07 | +1.15 | CME ahead |
| 2025-12-22 | 119.66 | 96.78 | +1.07 | CME ahead |
| 2025-12-19 | 117.86 | 96.09 | +0.95 | CME ahead |
| 2025-12-18 | 116.52 | 95.95 | +0.79 | CME ahead |
| 2025-12-17 | 119.89 | 96.42 | +1.18 | CME ahead |
| 2025-12-16 | 119.55 | 95.94 | +1.23 | CME ahead |
| 2025-12-15 | 119.21 | 96.75 | +1.06 | CME ahead |
| 2025-12-12 | 119.81 | 97.83 | +0.97 | CME ahead |
| 2025-12-11 | 119.31 | 97.76 | +0.92 | CME ahead |
| 2025-12-10 | 116.65 | 96.13 | +0.83 | CME ahead |
| 2025-12-09 | 118.31 | 94.71 | +1.31 | CME ahead |
| 2025-12-08 | 118.44 | 94.13 | +1.44 | CME ahead |
| 2025-12-05 | 118.64 | 94.60 | +1.40 | CME ahead |
| 2025-12-04 | 119.65 | 95.37 | +1.41 | CME ahead |
| 2025-12-03 | 120.16 | 94.02 | +1.74 | CME ahead |
| 2025-12-02 | 121.54 | 93.12 | +2.11 | CME ahead |
| 2025-12-01 | 122.19 | 94.07 | +2.05 | CME ahead |
| 2025-11-28 | 123.27 | 94.29 | +2.19 | CME ahead |
| 2025-11-26 | 123.02 | 93.68 | +2.29 | CME ahead |
| 2025-11-25 | 121.31 | 93.48 | +2.11 | CME ahead |
| 2025-11-24 | 120.74 | 91.65 | +2.40 | CME ahead |
| 2025-11-21 | 119.61 | 92.57 | +2.10 | CME ahead |
| 2025-11-20 | 120.54 | 90.91 | +2.58 | CME ahead |
| 2025-11-19 | 119.35 | 92.10 | +2.21 | CME ahead |
| 2025-11-18 | 122.32 | 91.58 | +2.78 | CME ahead |
| 2025-11-17 | 122.25 | 90.11 | +3.12 | CME ahead |
| 2025-11-14 | 124.84 | 91.15 | +3.37 | CME ahead |
| 2025-11-13 | 124.19 | 91.53 | +3.27 | CME ahead |
| 2025-11-12 | 122.45 | 92.34 | +2.90 | CME ahead |
| 2025-11-11 | 122.13 | 91.10 | +3.17 | CME ahead |
| 2025-11-10 | 121.44 | 89.61 | +3.46 | CME ahead |
| 2025-11-07 | 121.10 | 89.31 | +3.55 | CME ahead |
| 2025-11-06 | 118.88 | 88.43 | +3.47 | CME ahead |
| 2025-11-05 | 117.38 | 87.64 | +3.48 | CME ahead |
| 2025-11-04 | 117.31 | 88.10 | +3.45 | CME ahead |
| 2025-11-03 | 115.70 | 87.27 | +3.41 | CME ahead |
| 2025-10-31 | 116.28 | 87.69 | +3.47 | CME ahead |
| 2025-10-30 | 115.14 | 89.02 | +2.98 | CME ahead |
| 2025-10-29 | 114.55 | 90.28 | +2.59 | CME ahead |
| 2025-10-28 | 116.65 | 94.27 | +2.06 | CME ahead |
| 2025-10-27 | 118.73 | 95.81 | +2.11 | CME ahead |
| 2025-10-24 | 118.05 | 94.50 | +2.29 | CME ahead |
| 2025-10-23 | 117.77 | 94.38 | +2.28 | CME ahead |
| 2025-10-22 | 117.30 | 94.08 | +2.28 | CME ahead |
| 2025-10-21 | 117.65 | 93.98 | +2.39 | CME ahead |
| 2025-10-20 | 117.21 | 93.08 | +2.54 | CME ahead |
| 2025-10-17 | 117.35 | 92.07 | +2.83 | CME ahead |
| 2025-10-16 | 114.97 | 91.93 | +2.44 | CME ahead |
| 2025-10-15 | 117.44 | 94.38 | +2.35 | CME ahead |
| 2025-10-14 | 117.02 | 94.87 | +2.18 | CME ahead |
| 2025-10-13 | 118.82 | 95.16 | +2.46 | CME ahead |
| 2025-10-10 | 118.89 | 94.41 | +2.68 | CME ahead |
| 2025-10-09 | 117.75 | 95.49 | +2.25 | CME ahead |
| 2025-10-08 | 116.04 | 95.53 | +1.94 | CME ahead |
| 2025-10-07 | 115.45 | 97.09 | +1.49 | CME ahead |
| 2025-10-06 | 114.77 | 95.34 | +1.76 | CME ahead |
| 2025-10-03 | 115.92 | 97.48 | +1.51 | CME ahead |
| 2025-10-02 | 116.25 | 96.49 | +1.80 | CME ahead |
| 2025-10-01 | 116.43 | 97.49 | +1.62 | CME ahead |
| 2025-09-30 | 118.34 | 100.99 | +1.23 | CME ahead |
| 2025-09-29 | 119.24 | 100.70 | +1.46 | CME ahead |
| 2025-09-26 | 118.38 | 100.54 | +1.34 | CME ahead |
| 2025-09-25 | 117.70 | 100.27 | +1.28 | CME ahead |
| 2025-09-24 | 115.82 | 100.73 | +0.86 | CME ahead |
| 2025-09-23 | 114.73 | 100.76 | +0.67 | CME ahead |
| 2025-09-22 | 114.35 | 101.97 | +0.36 | near the usual relationship |
| 2025-09-19 | 114.55 | 101.76 | +0.44 | near the usual relationship |
| 2025-09-18 | 114.13 | 102.58 | +0.22 | near the usual relationship |
| 2025-09-17 | 114.93 | 103.25 | +0.23 | near the usual relationship |
| 2025-09-16 | 113.80 | 102.74 | +0.15 | near the usual relationship |
| 2025-09-15 | 113.36 | 103.24 | -0.01 | near the usual relationship |
| 2025-09-12 | 114.88 | 104.28 | +0.06 | near the usual relationship |
| 2025-09-11 | 114.92 | 105.60 | -0.17 | near the usual relationship |
| 2025-09-10 | 113.84 | 103.24 | +0.09 | near the usual relationship |
| 2025-09-09 | 114.55 | 103.97 | +0.08 | near the usual relationship |
| 2025-09-08 | 115.01 | 104.23 | +0.11 | near the usual relationship |
| 2025-09-05 | 114.72 | 104.46 | +0.04 | near the usual relationship |
| 2025-09-04 | 117.13 | 104.61 | +0.40 | near the usual relationship |
| 2025-09-03 | 117.97 | 104.98 | +0.47 | near the usual relationship |
| 2025-09-02 | 116.24 | 104.95 | +0.22 | near the usual relationship |
| 2025-08-29 | 116.73 | 105.86 | +0.15 | near the usual relationship |
| 2025-08-28 | 116.84 | 106.18 | +0.12 | near the usual relationship |
| 2025-08-27 | 118.31 | 106.28 | +0.33 | near the usual relationship |
| 2025-08-26 | 118.96 | 107.14 | +0.29 | near the usual relationship |
| 2025-08-25 | 118.86 | 107.38 | +0.24 | near the usual relationship |
| 2025-08-22 | 118.04 | 108.30 | -0.01 | near the usual relationship |
| 2025-08-21 | 119.71 | 107.43 | +0.37 | near the usual relationship |
| 2025-08-20 | 120.27 | 108.67 | +0.26 | near the usual relationship |
| 2025-08-19 | 118.91 | 106.86 | +0.36 | near the usual relationship |
| 2025-08-18 | 118.43 | 106.66 | +0.33 | near the usual relationship |
| 2025-08-15 | 119.97 | 108.61 | +0.25 | near the usual relationship |
| 2025-08-14 | 120.31 | 109.50 | +0.17 | near the usual relationship |
| 2025-08-13 | 119.97 | 108.74 | +0.24 | near the usual relationship |
| 2025-08-12 | 120.83 | 109.54 | +0.25 | near the usual relationship |
| 2025-08-11 | 125.15 | 111.45 | +0.54 | CME ahead |
| 2025-08-08 | 123.60 | 111.73 | +0.30 | near the usual relationship |
| 2025-08-07 | 123.05 | 112.70 | +0.10 | near the usual relationship |
| 2025-08-06 | 123.23 | 112.72 | +0.13 | near the usual relationship |
| 2025-08-05 | 124.65 | 112.33 | +0.37 | near the usual relationship |
| 2025-08-04 | 125.74 | 112.96 | +0.43 | near the usual relationship |
| 2025-08-01 | 122.97 | 110.65 | +0.41 | near the usual relationship |
| 2025-07-31 | 121.88 | 110.79 | +0.26 | near the usual relationship |
| 2025-07-30 | 121.65 | 111.33 | +0.16 | near the usual relationship |
| 2025-07-29 | 120.27 | 110.72 | +0.08 | near the usual relationship |
| 2025-07-28 | 120.06 | 109.57 | +0.22 | near the usual relationship |
| 2025-07-25 | 122.44 | 110.56 | +0.38 | near the usual relationship |
| 2025-07-24 | 121.40 | 110.04 | +0.33 | near the usual relationship |
| 2025-07-23 | 121.09 | 108.49 | +0.51 | CME ahead |
| 2025-07-22 | 120.29 | 108.37 | +0.43 | near the usual relationship |
| 2025-07-21 | 120.44 | 108.38 | +0.45 | near the usual relationship |
| 2025-07-18 | 120.31 | 108.33 | +0.45 | near the usual relationship |
| 2025-07-17 | 121.68 | 109.06 | +0.52 | CME ahead |
| 2025-07-16 | 121.55 | 108.37 | +0.61 | CME ahead |
| 2025-07-15 | 120.44 | 107.77 | +0.56 | CME ahead |
| 2025-07-14 | 121.35 | 108.99 | +0.51 | CME ahead |
| 2025-07-11 | 120.48 | 108.20 | +0.52 | CME ahead |
| 2025-07-10 | 120.53 | 108.99 | +0.43 | near the usual relationship |
| 2025-07-09 | 120.73 | 109.19 | +0.43 | near the usual relationship |
| 2025-07-08 | 120.72 | 108.48 | +0.52 | CME ahead |
| 2025-07-07 | 123.75 | 109.75 | +0.72 | CME ahead |
| 2025-07-03 | 121.19 | 109.76 | +0.42 | near the usual relationship |
| 2025-07-02 | 120.80 | 108.94 | +0.49 | near the usual relationship |
| 2025-07-01 | 120.63 | 109.01 | +0.46 | near the usual relationship |
| 2025-06-30 | 120.72 | 109.97 | +0.35 | near the usual relationship |
| 2025-06-27 | 120.34 | 108.94 | +0.44 | near the usual relationship |
| 2025-06-26 | 119.49 | 108.37 | +0.42 | near the usual relationship |
| 2025-06-25 | 119.58 | 108.21 | +0.45 | near the usual relationship |
| 2025-06-24 | 118.86 | 108.40 | +0.34 | near the usual relationship |
| 2025-06-23 | 119.42 | 107.73 | +0.50 | CME ahead |
| 2025-06-20 | 120.00 | 106.95 | +0.68 | CME ahead |
| 2025-06-18 | 119.17 | 107.75 | +0.48 | near the usual relationship |
| 2025-06-17 | 118.12 | 108.49 | +0.26 | near the usual relationship |
| 2025-06-16 | 117.16 | 107.77 | +0.23 | near the usual relationship |
| 2025-06-13 | 118.04 | 106.96 | +0.45 | near the usual relationship |
| 2025-06-12 | 118.68 | 107.34 | +0.48 | near the usual relationship |
| 2025-06-11 | 118.10 | 106.40 | +0.54 | CME ahead |
| 2025-06-10 | 116.55 | 105.21 | +0.51 | CME ahead |
| 2025-06-09 | 117.53 | 105.48 | +0.60 | CME ahead |
| 2025-06-06 | 120.11 | 107.10 | +0.69 | CME ahead |
| 2025-06-05 | 120.40 | 107.03 | +0.74 | CME ahead |
| 2025-06-04 | 121.71 | 107.37 | +0.85 | CME ahead |
| 2025-06-03 | 123.65 | 107.50 | +1.06 | CME ahead |
| 2025-06-02 | 127.33 | 108.09 | +1.41 | CME ahead |
| 2025-05-30 | 126.58 | 107.77 | +1.37 | CME ahead |
| 2025-05-29 | 125.21 | 107.01 | +1.32 | CME ahead |
| 2025-05-28 | 125.25 | 106.58 | +1.39 | CME ahead |
| 2025-05-27 | 124.54 | 107.02 | +1.25 | CME ahead |
| 2025-05-23 | 124.42 | 105.57 | +1.44 | CME ahead |
| 2025-05-22 | 123.51 | 104.30 | +1.52 | CME ahead |
| 2025-05-21 | 123.40 | 104.73 | +1.45 | CME ahead |
| 2025-05-20 | 121.70 | 105.67 | +1.12 | CME ahead |
| 2025-05-19 | 121.73 | 105.95 | +1.09 | CME ahead |
| 2025-05-16 | 121.01 | 105.65 | +1.04 | CME ahead |
| 2025-05-15 | 120.01 | 104.81 | +1.04 | CME ahead |
| 2025-05-14 | 116.63 | 103.06 | +0.86 | CME ahead |
| 2025-05-13 | 117.53 | 103.60 | +0.90 | CME ahead |
| 2025-05-12 | 118.46 | 103.96 | +0.96 | CME ahead |
| 2025-05-09 | 124.54 | 106.89 | +1.29 | CME ahead |
| 2025-05-08 | 123.51 | 105.78 | +1.32 | CME ahead |
| 2025-05-07 | 124.75 | 105.81 | +1.47 | CME ahead |
| 2025-05-06 | 123.94 | 105.01 | +1.48 | CME ahead |
| 2025-05-05 | 123.76 | 104.29 | +1.56 | CME ahead |
| 2025-05-02 | 122.83 | 103.97 | +1.49 | CME ahead |
| 2025-05-01 | 121.37 | 102.40 | +1.54 | CME ahead |
| 2025-04-30 | 121.36 | 100.68 | +1.80 | CME ahead |
| 2025-04-29 | 119.29 | 99.70 | +1.69 | CME ahead |
| 2025-04-28 | 117.34 | 97.99 | +1.71 | CME ahead |
| 2025-04-25 | 116.63 | 97.84 | +1.64 | CME ahead |
| 2025-04-24 | 115.31 | 97.69 | +1.49 | CME ahead |
| 2025-04-23 | 114.52 | 96.50 | +1.57 | CME ahead |
| 2025-04-22 | 116.31 | 96.31 | +1.84 | CME ahead |
| 2025-04-21 | 114.02 | 92.93 | +2.09 | CME ahead |
| 2025-04-17 | 114.98 | 95.09 | +1.88 | CME ahead |
| 2025-04-16 | 114.48 | 94.97 | +1.84 | CME ahead |
| 2025-04-15 | 115.13 | 95.88 | +1.80 | CME ahead |
| 2025-04-14 | 115.49 | 95.78 | +1.87 | CME ahead |
| 2025-04-11 | 114.55 | 93.45 | +2.13 | CME ahead |
| 2025-04-10 | 113.17 | 93.02 | +2.03 | CME ahead |
| 2025-04-09 | 111.30 | 93.99 | +1.63 | CME ahead |
| 2025-04-08 | 111.70 | 90.88 | +2.22 | CME ahead |
| 2025-04-07 | 110.53 | 92.70 | +1.76 | CME ahead |
| 2025-04-04 | 111.45 | 93.95 | +1.69 | CME ahead |
| 2025-04-03 | 117.54 | 100.44 | +1.48 | CME ahead |
| 2025-04-02 | 114.99 | 102.16 | +0.87 | CME ahead |
| 2025-04-01 | 114.86 | 102.79 | +0.76 | CME ahead |
| 2025-03-31 | 116.19 | 103.40 | +0.84 | CME ahead |
| 2025-03-28 | 114.85 | 104.72 | +0.46 | near the usual relationship |
| 2025-03-27 | 114.69 | 105.71 | +0.29 | near the usual relationship |
| 2025-03-26 | 115.07 | 105.35 | +0.39 | near the usual relationship |
| 2025-03-25 | 114.78 | 105.27 | +0.36 | near the usual relationship |
| 2025-03-24 | 115.16 | 105.05 | +0.44 | near the usual relationship |
| 2025-03-21 | 115.34 | 104.53 | +0.53 | CME ahead |
| 2025-03-20 | 116.74 | 105.25 | +0.61 | CME ahead |
| 2025-03-19 | 116.27 | 104.11 | +0.70 | CME ahead |
| 2025-03-18 | 116.72 | 103.60 | +0.83 | CME ahead |
| 2025-03-17 | 115.44 | 103.59 | +0.66 | CME ahead |
| 2025-03-14 | 113.30 | 102.54 | +0.53 | CME ahead |
| 2025-03-13 | 113.81 | 101.38 | +0.76 | CME ahead |
| 2025-03-12 | 112.44 | 101.31 | +0.59 | CME ahead |
| 2025-03-11 | 114.06 | 100.92 | +0.87 | CME ahead |
| 2025-03-10 | 114.87 | 101.39 | +0.90 | CME ahead |
| 2025-03-07 | 111.50 | 102.04 | +0.35 | near the usual relationship |
| 2025-03-06 | 111.26 | 101.69 | +0.37 | near the usual relationship |
| 2025-03-05 | 111.46 | 102.87 | +0.22 | near the usual relationship |
| 2025-03-04 | 110.36 | 101.81 | +0.22 | near the usual relationship |
| 2025-03-03 | 112.51 | 103.82 | +0.21 | near the usual relationship |
| 2025-02-28 | 111.15 | 103.84 | +0.02 | near the usual relationship |
| 2025-02-27 | 109.43 | 102.40 | -0.01 | near the usual relationship |
| 2025-02-26 | 108.62 | 102.60 | -0.15 | near the usual relationship |
| 2025-02-25 | 109.85 | 102.63 | +0.01 | near the usual relationship |
| 2025-02-24 | 108.51 | 100.95 | +0.06 | near the usual relationship |
| 2025-02-21 | 109.00 | 100.62 | +0.17 | near the usual relationship |
| 2025-02-20 | 108.76 | 99.98 | +0.23 | near the usual relationship |
| 2025-02-19 | 109.82 | 100.08 | +0.36 | near the usual relationship |
| 2025-02-18 | 108.55 | 99.80 | +0.23 | near the usual relationship |
| 2025-02-14 | 107.52 | 99.93 | +0.07 | near the usual relationship |
| 2025-02-13 | 109.54 | 101.04 | +0.17 | near the usual relationship |
| 2025-02-12 | 109.04 | 99.84 | +0.28 | near the usual relationship |
| 2025-02-11 | 105.88 | 100.07 | -0.18 | near the usual relationship |
| 2025-02-10 | 105.91 | 100.17 | -0.20 | near the usual relationship |
| 2025-02-07 | 107.23 | 100.00 | +0.00 | near the usual relationship |
| 2025-02-06 | 107.05 | 100.51 | -0.10 | near the usual relationship |
| 2025-02-05 | 105.83 | 96.33 | +0.34 | near the usual relationship |
| 2025-02-04 | 106.22 | 95.50 | +0.51 | CME ahead |
| 2025-02-03 | 105.40 | 96.14 | +0.30 | near the usual relationship |
| 2025-01-31 | 103.59 | 95.80 | +0.10 | near the usual relationship |
| 2025-01-30 | 103.33 | 95.57 | +0.09 | near the usual relationship |
| 2025-01-29 | 101.83 | 94.24 | +0.08 | near the usual relationship |
| 2025-01-28 | 102.66 | 95.21 | +0.04 | near the usual relationship |
| 2025-01-27 | 103.78 | 96.40 | +0.02 | near the usual relationship |
| 2025-01-24 | 102.79 | 94.39 | +0.17 | near the usual relationship |
| 2025-01-23 | 102.22 | 94.52 | +0.07 | near the usual relationship |
| 2025-01-22 | 101.84 | 92.41 | +0.33 | near the usual relationship |
| 2025-01-21 | 101.72 | 90.94 | +0.53 | CME ahead |
| 2025-01-17 | 101.92 | 89.38 | +0.80 | CME ahead |
| 2025-01-16 | 101.75 | 90.05 | +0.67 | CME ahead |
| 2025-01-15 | 99.81 | 88.86 | +0.59 | CME ahead |
| 2025-01-14 | 101.49 | 87.06 | +1.10 | CME ahead |
| 2025-01-13 | 100.49 | 86.25 | +1.10 | CME ahead |
| 2025-01-10 | 100.39 | 85.60 | +1.20 | CME ahead |
| 2025-01-08 | 100.43 | 87.86 | +0.84 | CME ahead |
| 2025-01-07 | 99.43 | 87.78 | +0.71 | CME ahead |
| 2025-01-06 | 98.91 | 87.86 | +0.62 | CME ahead |
| 2025-01-03 | 101.83 | 89.82 | +0.72 | CME ahead |
| 2025-01-02 | 101.93 | 89.52 | +0.77 | CME ahead |
| 2024-12-31 | 101.71 | 89.32 | +0.76 | CME ahead |
| 2024-12-30 | 101.41 | 89.53 | +0.68 | CME ahead |
| 2024-12-27 | 102.27 | 90.10 | +0.71 | CME ahead |
| 2024-12-26 | 104.77 | 90.52 | +0.97 | CME ahead |
| 2024-12-24 | 104.88 | 90.19 | +1.02 | CME ahead |
| 2024-12-23 | 104.24 | 90.01 | +0.95 | CME ahead |
| 2024-12-20 | 104.47 | 90.10 | +0.96 | CME ahead |
| 2024-12-19 | 103.72 | 88.89 | +1.03 | CME ahead |
| 2024-12-18 | 103.84 | 89.67 | +0.92 | CME ahead |
| 2024-12-17 | 103.36 | 91.58 | +0.58 | CME ahead |
| 2024-12-16 | 103.33 | 92.66 | +0.41 | near the usual relationship |
| 2024-12-13 | 103.88 | 93.26 | +0.39 | near the usual relationship |
| 2024-12-12 | 103.34 | 93.84 | +0.23 | near the usual relationship |
| 2024-12-11 | 102.62 | 94.82 | -0.01 | near the usual relationship |
| 2024-12-10 | 104.76 | 94.95 | +0.22 | near the usual relationship |
| 2024-12-09 | 103.68 | 93.55 | +0.26 | near the usual relationship |
| 2024-12-06 | 104.84 | 93.47 | +0.39 | near the usual relationship |
| 2024-12-05 | 107.75 | 93.73 | +0.66 | CME ahead |
| 2024-12-04 | 106.43 | 93.57 | +0.52 | CME ahead |
| 2024-12-03 | 105.44 | 93.66 | +0.38 | near the usual relationship |
| 2024-12-02 | 103.19 | 94.88 | -0.02 | near the usual relationship |
| 2024-11-29 | 104.24 | 96.48 | -0.10 | near the usual relationship |
| 2024-11-27 | 103.95 | 96.62 | -0.16 | near the usual relationship |
| 2024-11-26 | 102.66 | 96.20 | -0.25 | near the usual relationship |
| 2024-11-25 | 100.46 | 95.68 | -0.43 | near the usual relationship |
| 2024-11-22 | 100.32 | 95.48 | -0.43 | near the usual relationship |
| 2024-11-21 | 99.23 | 94.92 | -0.49 | near the usual relationship |
| 2024-11-20 | 99.86 | 93.37 | -0.26 | near the usual relationship |
| 2024-11-19 | 100.59 | 94.67 | -0.34 | near the usual relationship |
| 2024-11-18 | 99.67 | 94.52 | -0.42 | near the usual relationship |
| 2024-11-15 | 98.67 | 93.24 | -0.39 | near the usual relationship |
| 2024-11-14 | 97.85 | 93.79 | -0.54 | ICE ahead |
| 2024-11-13 | 99.92 | 93.41 | -0.30 | near the usual relationship |
| 2024-11-12 | 99.12 | 93.54 | -0.40 | near the usual relationship |
| 2024-11-11 | 98.95 | 94.16 | -0.48 | near the usual relationship |
| 2024-11-08 | 98.83 | 93.76 | -0.46 | near the usual relationship |
| 2024-11-07 | 97.25 | 93.57 | -0.60 | ICE ahead |
| 2024-11-06 | 96.87 | 93.38 | -0.62 | ICE ahead |
| 2024-11-05 | 98.63 | 94.62 | -0.58 | ICE ahead |
| 2024-11-04 | 97.70 | 92.60 | -0.48 | near the usual relationship |
| 2024-11-01 | 97.94 | 92.69 | -0.47 | near the usual relationship |
| 2024-10-31 | 98.70 | 93.43 | -0.48 | near the usual relationship |
| 2024-10-30 | 99.54 | 99.82 | -0.99 | ICE ahead |
| 2024-10-29 | 99.46 | 99.93 | -1.01 | ICE ahead |
| 2024-10-28 | 99.91 | 99.77 | -0.96 | ICE ahead |
| 2024-10-25 | 99.05 | 99.09 | -0.98 | ICE ahead |
| 2024-10-24 | 100.60 | 100.04 | -0.94 | ICE ahead |
| 2024-10-23 | 99.48 | 98.90 | -0.94 | ICE ahead |
| 2024-10-22 | 99.06 | 99.47 | -1.03 | ICE ahead |
| 2024-10-21 | 99.44 | 99.71 | -1.02 | ICE ahead |
| 2024-10-18 | 100.00 | 100.00 | -1.01 | ICE ahead |
One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Oct 31, 2024 (CME -0.8%, ICE -6.4%); Feb 3, 2026 (CME +0.8%, ICE -5.8%); Feb 11, 2026 (CME -1.4%, ICE -7.8%); Feb 25, 2026 (CME -3.7%, ICE +3.2%). Upcoming earnings: ICE Oct 29, 2026 (pre-market).
Paired trades
The shared paper book and the replay, kept apart
Forward paper record
No paper position on this pair yet.
Historical simulation (a diagnostic, same rules)
1 simulated trade to Oct 20, 2026: -6.99% per trade on average after costs, 0 won.
| Legs | Entered | Exited | Why | Days | Before costs | Costs + borrow | After costs |
|---|---|---|---|---|---|---|---|
| Long CME · Short ICE | Apr 2, 2020 | May 4, 2020 | divergence stop | 32 | -$672.33 | -$39.86 | -$698.62 (-6.99%) |
Per $10,000 a leg. A replay on today's companies cannot prove an edge.
The companies
CME and ICE at a glance
CME CME Group Inc.
- Listing
- Nasdaq · SEC CIK 1156375
- Industry
- Investment Bankers/Brokers/Service · SIC 6200 Security & Commodity Brokers, Dealers, Exchanges & Services
- Market value
- $105.5B
- Price history
- 2,521 daily closes, Oct 12, 2016 to Oct 22, 2026
ICE Intercontinental Exchange Inc.
- Listing
- NYSE · SEC CIK 1571949
- Industry
- Investment Bankers/Brokers/Service · SIC 6200 Security & Commodity Brokers, Dealers, Exchanges & Services
- Market value
- $88.9B
- Price history
- 2,521 daily closes, Oct 12, 2016 to Oct 22, 2026
Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.
Related
All pairs →Other rivals of CME and ICE
| Pair | Status | Ahead now | Industry |
|---|---|---|---|
| ICE / NDAQ | Watchlist | NDAQ by 1.23 sd | SIC 6200 Security & Commodity Brokers, Dealers, Exchanges & Services |
| CME / NDAQ | Watchlist | NDAQ by 0.36 sd | SIC 6200 Security & Commodity Brokers, Dealers, Exchanges & Services |
Follow the research behind the paper book
Boostio is a research-first platform in private beta: crypto candidates, daily market stories, public paper trading and now rival stocks. Exploring these pages stays free and open.
Explore the private betaPaper only: hypothetical paired positions with modelled costs. No broker, no orders, no real money. A historical simulation is a diagnostic, not proof of an edge. Not investment advice.
