A resistance line has formed in the chart of Intercontinental Exchange Inc. (ICE). The stock is heading towards that line and if it breaks through, a breakout is expected. Read more to learn how to profit from this trade. Intercontinental Exchange Inc. ( ICE ) is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, ICE operates a large derivatives exchange, too. The company is well-positioned for growth due to the accelerated digitization taking place in the U.S. residential mortgage industry. ICE already has the largest mortgage network in the country, but the integration of Ellie Mae into ICE Mortgage Technology should help boost its mortgage business.