Intercontinental Exchange, which bought the New York Stock Exchange last year, is selling two of its technology units.

The sale of NYFIX and Metabit to electronic trading and connectivity company ULLINK is expected to close the the third quarter. The terms of the deal were not disclosed.

ICE had said previously that it intended to sell off some technology business, and this deal completes that goal.

NYFIX handles financial service technology around messaging, connectivity, routing and monitoring. Metabit, based in Japan, operates a collection of electronic trading and connectivity solutions that enable market access.

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People carrying a giant pride flag participate in the annual Pride Parade in Atlanta on Sunday, Oct. 13, 2024. (Miguel Martinez/AJC)

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People carrying a giant pride flag participate in the annual Pride Parade in Atlanta on Sunday, Oct. 13, 2024. (Miguel Martinez/AJC)

Credit: Miguel Martinez-Jimenez