Derivative revenue up 19% in spite of 4.3% drop in volumes
Brazilian exchange BM&F Bovespa said
its total revenue for the three months to the end of December
2015 was up 1.8% to 603.3 million reais (
$149m) as income fell 9.2% on the third quarter of
The quarter-on-quarter loss -- the first
one in 6 years for the exchange -- came as a surprise, as most
analysts had predicted a rise in revenues.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.