Euronext Liffe announced last week that revenue from
derivatives trading in the final quarter of last year was up
36% on the same period in 2004. However, derivatives revenue
for the whole of 2005 was only up 2.2% despite a 7% annual
growth and a record 155m total transactions.
The exchange said that quarterly revenues hit €90.8m,
compared to €66.8m during the same period in 2004.
A spokesperson for the exchange told FO Week that
the discrepancy between the contracts traded and the revenue
was accounted for by price reductions, averaging 25% across the
exchange's suite of equity options contracts.
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