Derivatives Boost Hong Kong Exchange's January-September Revenues
- The bourse reports that for the first time its overall income surpassed the $10-billion mark for a nine-month reporting period
The Hong Kong Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin reported revenues of $10.6 billion for the first nine months of 2015, a 49 percent annual increase, mostly thanks to an increase in trading and clearing income from its cash and derivatives operations, the exchange said in a statement. The growth was especially marked during the second quarter of the year, it added, thanks to a pickup in market activity on the cash and derivatives markets.
Financial performance benefited from a one-off gain
Earnings before interest, tax, depreciation, and amortization (EBITDA) totaled $8.14 billion, a 66 percent improvement on the year, with the EBITDA margin rising to 77 percent thanks to the stable growth in revenues, from 70 percent in the first nine months of 2014.
The net result came in at $6.4 billion, up from $3.64 billion a year earlier, with earnings per share at $5.41 on a fully diluted basis. The company said its financial results also benefited from a one-off gain of $445 million from the sale of a leasehold property that took place in the third-quarter of the year.
Clearing Business Leads Leads Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Results
By business segment, clearing contributed the most to the overall result, with revenues from this segment standing at $3.996 billion, up 61 percent on the year. Next came cash deals, which saw a 36 percent annual increase to $2.728 billion from $2.315 billion for the first nine months of 2014. Equity and derivatives contributed $1.675 billion to overall revenues, a 37 percent increase from $$1.315 billion.
Revenue from commodities trading totaled $1.322 billion, up 37 percent from $937 million reported for the year-earlier nine-month period. Platform and infrastructure operations revenue came in at $373 million, up 21 percent from $261 million, and corporate items contributed $506 million to overall revenues, up 329 percent from a negative $169 million reported for the first nine months of 2014.
The Hong Kong Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin reported revenues of $10.6 billion for the first nine months of 2015, a 49 percent annual increase, mostly thanks to an increase in trading and clearing income from its cash and derivatives operations, the exchange said in a statement. The growth was especially marked during the second quarter of the year, it added, thanks to a pickup in market activity on the cash and derivatives markets.
Financial performance benefited from a one-off gain
Earnings before interest, tax, depreciation, and amortization (EBITDA) totaled $8.14 billion, a 66 percent improvement on the year, with the EBITDA margin rising to 77 percent thanks to the stable growth in revenues, from 70 percent in the first nine months of 2014.
The net result came in at $6.4 billion, up from $3.64 billion a year earlier, with earnings per share at $5.41 on a fully diluted basis. The company said its financial results also benefited from a one-off gain of $445 million from the sale of a leasehold property that took place in the third-quarter of the year.
Clearing Business Leads Leads Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Results
By business segment, clearing contributed the most to the overall result, with revenues from this segment standing at $3.996 billion, up 61 percent on the year. Next came cash deals, which saw a 36 percent annual increase to $2.728 billion from $2.315 billion for the first nine months of 2014. Equity and derivatives contributed $1.675 billion to overall revenues, a 37 percent increase from $$1.315 billion.
Revenue from commodities trading totaled $1.322 billion, up 37 percent from $937 million reported for the year-earlier nine-month period. Platform and infrastructure operations revenue came in at $373 million, up 21 percent from $261 million, and corporate items contributed $506 million to overall revenues, up 329 percent from a negative $169 million reported for the first nine months of 2014.