NYSE Euronext reported a 21 per cent rise in second-quarter profit yesterday, helped by customer demand across its core businesses.
The exchange operator, which runs the New York Stock Exchange, earned $195 million (Dh715.6m), or 73 cents a share, in the period, up from $161m, or 62 cents a share in the same period a year earlier.
Excluding one-off items, the company's income rose 17 per cent to $200m, or 75 cents a share in the period ended June 30.
On average, analysts polled by Reuters Estimates expected NYSE Euronext to earn 75 cents a share.
Total revenue rose seven per cent to $1.15 billion, which beat analysts' estimate of $1.10bn. In the United States, NYSE's cash equities total volume increased by seven per cent, while volume on NYSE Options Arca was up 38 per cent.
Trading on Liffe, the European derivatives trading platform, grew by 22 per cent. In the last few years, NYSE has haemorrhaged market share to rival Nasdaq OMX Group. But in turn, the two big players have been hurt by upstart alternative venues such as Bats Trading and Direct Edge, which, respectively, now account for 10 and four per cent of all US equity trade.