STOXX Ltd., part of the ISS STOXX group of companies, has announced its collaboration with Intercontinental Exchange (NYSE: ICE), to support a suite of fixed income climate indices launched on June 2.
ICE will provide pricing, reference data, and index calculation services for the new indices. The indices will combine STOXX’s proprietary data and index design with ICE’s established expertise in pricing and calculation.
“Working with ICE Data Indices enables us to accelerate the delivery of fixed income benchmarks tailored to market demand,” says Axel Lomholt, General Manager at STOXX. “This collaboration brings together two leading financial companies and skill sets to launch and operate a suite of indices that addresses the growing demand for sustainable investment products in the bond market.”
“By combining STOXX’s experience in sustainability data and methodologies with our leading fixed income pricing, reference data and index calculation solutions, together we are creating powerful new benchmark products combining the expertise of two globally recognized and respected providers of data to fixed income markets,” says Chris Edmonds, President of ICE Fixed Income and Data Services. “We’re thrilled to work with STOXX and look forward to continuing to work together on new products and services.”
Separately, STOXX is already leveraging ICE’s fixed income pricing and reference data for calculation and reporting for its eb.rexx Bond Indices, which track the market for German government fixed income securities denominated in euros. The eb.rexx Bond indices have become recognised benchmarks for investors and ETFs of German government bonds, the firm writes, with USD3.2 billion in ETF assets under management tracking the indices including more than USD2.91 billion in iShares ETFs, as of May 19, 2025.
“Fixed income ETFs have surged in popularity in recent years, reaching USD2.6 trillion in global assets under management (AUM) at the end of 2024, and are expected to grow to USD6 trillion in AUM by 2030,” says Brett Pybus, Global Co-Head of iShares Fixed Income ETFs for BlackRock. “As a leading fixed income ETF provider, we continually review indices that can enhance our fund benchmarks. These indices from STOXX, which build on ICE’s recognised fixed income data and index services, can offer precise, granular access to the German bond market.”
