European exchange operator Euronext reported a significant increase in its foreign exchange (Forex) trading business for the first quarter of 2025, with FX trading revenue jumping over 30% to €9.2 million compared to the same period last year.

Euronext Reports Record FX Trading Volumes in First Quarter 2025

The surge in FX trading performance came amid exceptional market volatility and formed part of Euronext's broader strong financial results for Q1 2025, according to the company's latest earnings report released yesterday.

"We achieved record revenue and income of €458.5 million, driven by initial successes of the strategic initiatives, growth of non-volume-related revenue and exceptional volatility across trading and clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term activities, especially in cash equity, fixed income, FX, power and commodities,'" said Stéphane Boujnah, Chief Executive Officer and Chairman of the Managing Board of Euronext.

“With this strong first quarter of 2025, we demonstrate our capacity to innovate ahead of the curve, leading the way to a stronger, more innovative and more competitive European capital market.”

The FX segment forms part of Euronext's FICC (Fixed Income, Commodities and Currencies) Markets division, which posted overall revenue of €90.7 million in Q1 2025, representing a 25.1% increase from the previous year.

FICC Markets Performance

Overall Revenue and Net Income Up

Recent data released by the company shows the momentum continued beyond the quarter's end, with average daily volume on Euronext FX's spot foreign exchange market reaching $38.2 billion in April 2025, up 33.1% compared to April 2024.

The strong FX performance contributed to Euronext's overall revenue and income growth of 14.1% for the quarter, reaching €458.5 million. The company's adjusted EBITDA rose 17% to €294.1 million, with adjusted EBITDA margin expanding to 64.1%, an increase of 1.6 percentage points compared to Q1 2024.

Euronext's reported net income for the quarter was €164.8 million, up 17.9% from the previous year, while adjusted earnings per share rose 13.9% to €1.80.

"In the first quarter of 2025, Euronext has delivered a remarkable performance," Boujnah noted in the earnings release. "Our diversified business model has allowed us to invest in growth and reach an adjusted EBITDA of €294.1 million."

The company recently completed the acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term of Admincontrol, a governance SaaS provider, for NOK 4,650 million on May 13, and announced plans to consolidate settlement for Amsterdam, Brussels, and Paris equity trades in Euronext Securities starting September 2026.