Euronext Reports Higher Revenue and Profit on Trading Gains
Euronext posted stronger-than-expected results for the latest quarter. Market volatility lifted trading volumes while revenue from the Athens exchange added to the total.
BloombergEuronext reported revenue and profit above analyst expectations for the most recent quarter. Market volatility increased trading activity across its platforms.
Trading fees rose with higher volumes in equities and derivatives. Officials said the results reflected both market conditions and the integration of the new exchange. No specific executive names were provided in the report. The company did not issue forward guidance in the initial release.
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