Financial Times FT.com

NYSE Euronext profit triples during volatility

By Jeremy Grant in London and Anuj Gangahar in New York

Published: May 6 2008 11:27 | Last updated: May 6 2008 11:27

NYSE Euronext, the transatlantic stock and derivatives exchange group, on Tuesday said quarterly earnings more than tripled as it benefited from continuing market volatility and record volumes at its Liffe futures unit.

The results underscore how the group is managing to offset a recently declining market share in US cash equities trading through last year’s deal to acquire pan-European exchange Euronext, which previously owned Liffe, the London-based derivatives market.

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