ICB meaning in Stock Exchange ?

Answer: What is Industry Classification Benchmark mean?

The Industry Classification Benchmark (ICB) is an industry classification taxonomy launched by Dow Jones and FTSE in 2005 and now used by FTSE International and STOXX. It is used to segregate markets into sectors within the macroeconomy. The ICB uses a system of 11 industries, partitioned into 20 supersectors, which are further divided into 45 sectors, which then contain 173 subsectors.

The ICB is used globally (though not universally) to divide the market into increasingly specific categories, allowing investors to compare industry trends between well-defined subsectors. The ICB replaced the legacy FTSE and Dow Jones classification systems on 3 January 2006, and is used today by the NASDAQ, NYSE and several other markets around the globe. All ICB sectors are represented on the New York Stock Exchange except Equity Investment Instruments (8980) and Nonequity Investment Instruments (8990).

Dow Jones divested itself of its 50% interest in the ICB in 2011 and announced it was creating its own version of it.

reference

Full Form	Category
Immunology and Cell Biology	Academic & Science
Infrastructure Capacity for Biology	Academic & Science
Ithaca College Broadcasting	Academic & Science
Information Collection Budget	Academic & Science
Integrative and Comparative Biology	Academic & Science
Internet Client Bank	Banking
Investment Corporation of Bangladesh	Banking
Institute of Certified Bankers	Banking
International City Bank	Banking
Insurance Capture Buffer	Business
Imaging Communications Business	Business
International Competitive Bidding	Business
International Certification Bureau	Business
Icb Fin	Business
Institute of Certified Bookkeepers	Certifications
Inclusive Community Building	Community
Informal Conference Board	Community
International Citizens Band	Community
Integrated Conference Bridge	Community
Information Control Board	Computing
Interstate Computer Bank	Computing
Inner Company Billing	Computing
Integrated Cluster Bus	Computing
Instrument Communication Bus Interface	Computing
Instrument Control Bus	Computing
Incoming Call Bearer	Computing
Internal Channel Bus	Computing
Image Capture Board	Computing
Interchange Control Bit	Computing
Intel Cloud Builder	Computing
Inter Chassis Backup	Computing
Inner Core Boundary	Earth Science
Islamabad College for Boys	Educational Institute
International College of Broadcasting	Educational Institute
Targa Bitmap Graphics File	File Type
Interagency Coordinating Board	General
International Crisis Behavior	General
Island Craft Bulletin	General
Infantry Combat Boot	General
International Concept Brand	General
IPMA Competence Baseline	General
Individual Competence Baseline	General
Interdisciplinaire Carnot de Bourgogne	General
Inventions and Contributions Board	General
Infantry Combat Boots	General
Intercity Bus	General
Imminent Collision Braking	General
I Care Because	General
Item Category Based	General
International Congress of Biometeorology	General
Individual Case Basis	Governmental
In Cold Blood	Governmental
Interim Certification Board	Governmental
Institute for Collaborative Biotechnologies	Governmental
Institute for Computational Biomedicine	Governmental
International Church of Barcelona	International
International Conference on Biometrics	International
International Christian Brotherhood	International
International Certification Board	International
International College Beijing	International
International Conference Banqueting	International
International Compensation and Benefits	International
Inventory Cleaner Bet	Internet
Internet Citizens Band	Internet
Internet Connection Benchmark	Internet
Integrated Commissioning Board	Medical
intracavitary brachytherapy	Medical
intracoronary brachytherapy	Medical
intracranial bleeding	Medical
Intercontinental Correspondence Band	Radio Science
International Canadian Blends	Regional
Invalid Character Bug	Softwares
Interim Change Bulletin	Space Science
Interrupt Control Block	Space Science
Industry Classification Benchmark	Stock Exchange