Euronext's yearly profit went up by 46.1% compared to 2014, the year of its IPO
European exchange operator Euronext
reported on Wednesday an impressive 46.1% hike in yearly
profits due to growth in most sectors and lower costs, and
despite a fall in derivatives trading.
The sharp rise in Euronext profit can be
attributed to growth in most of its main trading segments amid
high volatility linked to monetary injections from the European
The Paris-based group had a 19.1% rise in
annual revenue from cash trading, up to €197.2 million,
with a particular spike in exchange traded funds activity,
where the daily average transaction value rose 74% on 2014.
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