STOXX and ICE collaborate on New Suite of Fixed Income Indices

STOXX and Intercontinental Exchange (ICE) are collaborating to launch a suite of fixed income climate indices, leveraging STOXX's sustainability data and ICE's pricing and index calculation expertise. ICE will provide pricing, reference data, and index calculation services for the new indices, addressing the increasing demand for sustainable investment products in the bond market; this partnership builds on STOXX already using ICE's fixed income pricing for its eb.rexx Bond Indices, which track German government bonds and have $3.2 billion in ETF assets under management.

Analysis

STOXX Ltd. and Intercontinental Exchange (ICE) have announced a strategic collaboration to launch a new suite of fixed income climate indices, effective June 2nd. This partnership combines STOXX's proprietary sustainability data and index design capabilities with ICE's established expertise in fixed income pricing, reference data, and index calculation services. The initiative aims to meet the escalating demand for sustainable investment products within the bond market, a sector experiencing significant growth as highlighted by BlackRock's projection of fixed income ETF AUM reaching $6 trillion by 2030, up from $2.6 trillion at the end of 2024. This collaboration expands upon an existing relationship where STOXX utilizes ICE's data for its eb.rexx Bond Indices, which track German government bonds and currently have $3.2 billion in ETF assets under management, including over $2.91 billion in iShares ETFs as of May 19, 2025. The strongly positive sentiment (0.75 score) surrounding this announcement reflects the synergistic potential of combining two leading financial service providers to deliver innovative benchmark products. BlackRock, a leading fixed income ETF provider, has noted that such indices building on ICE's recognized services can enhance fund benchmarks by offering precise, granular access to markets like the German bond market. STOXX Ltd. will be the owner and administrator of these new STOXX fixed income sustainability indices.

Key Decisions for Investors

• Investors should view this collaboration as a positive development for Intercontinental Exchange (ICE), strengthening its position in the rapidly expanding fixed income data and index services market, particularly within the high-growth ESG segment.
• The significant projected growth in fixed income ETF assets to $6 trillion by 2030, coupled with increasing demand for sustainable investment options, suggests that ICE's enhanced role via this partnership could support continued revenue growth in its Fixed Income and Data Services division.
• Consider monitoring the adoption rate of these new STOXX fixed income climate indices by major ETF providers and institutional investors, as successful uptake would further validate the strategic importance of this collaboration for ICE and the broader sustainable finance market.