- STOXX Ltd. and Intercontinental Exchange (ICE, Financial) team up to launch fixed income climate indices.
- The collaboration aims to meet the growing demand for sustainable investment products in the bond market.
- STOXX utilizes ICE's pricing and data services to enhance its index solutions.
STOXX Ltd., a prominent provider of benchmark and custom index solutions, announced its collaboration with Intercontinental Exchange (ICE) to launch a suite of fixed income climate indices on June 2. The initiative aims to cater to the increasing market demand for sustainable investment products in the bond sector.
ICE (ICE, Financial) will play a crucial role by providing pricing, reference data, and index calculation services, combining its expertise in these areas with STOXX's proprietary data and index design. This collaboration underscores a significant development in the bond market, focusing on sustainable investments.
The newly launched indices leverage STOXX's experience in sustainability data and methodologies. According to Chris Edmonds, President of ICE Fixed Income and Data Services, the partnership will result in powerful new benchmark products that blend the specialties of two globally recognized data providers.
Currently, STOXX is already incorporating ICE's fixed income pricing and reference data for its eb.rexx Bond Indices, which track the German government bond market. As of May 19, 2025, these indices have become industry benchmarks, with over $3.2 billion in ETF assets tracking them, including more than $2.91 billion in iShares ETFs.
The popularity of fixed income ETFs is notable, having reached $2.6 trillion in global assets at the end of 2024, with predictions of growth to $6 trillion by 2030. Brett Pybus, Global Co-Head of iShares Fixed Income ETFs at BlackRock, emphasizes the importance of indices like those from STOXX in enhancing fund benchmarks.
