Euronext Releases Q3 Financial Results, Revenues Jump 10.3% YoY
- Euronext, an amalgamation of multiple exchange and asset class outlets has announced its Q3 2014 financial results, highlighted by a revenue growth of 10.3% YoY, which came in at $139.6 million.
Euronext, an amalgamation of multiple Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term and asset class outlets, has announced its Q3 2014 financial results, highlighted by a revenue growth of 10.3% YoY, which came in at $139.6 million.
Euronext has been active in a variety of initiatives over this past year, including the expansion of a short-term maturity offering this past August. As a subsidiary of the IntercontinentalExchange Group (ICE), it handles 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 across several asset classes, including derivatives and cash trading.
More specifically, Q3 2014 revealed revenues of $139.6 million on an adjusted basis, up 10.3% YoY from $126.7 million in Q3 2013. Over this same period, revenue also jumped 24% on a reported basis.
The uptick in revenue growth was fueled by sustained cash trading, market data business, and sustained listing activity. In particular, Q3 2014 listing revenues came in at $16.4 million, up 17.9% YoY from $13.9 million in Q3 2013.
Finally, cash trading in Q3 2014 also grew 15.9% YoY from Q3 2013. Helping aid this performance was an increase of 111% in trading volumes and revamped fee changes that took effect in February 2014.
Euronext, an amalgamation of multiple Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term and asset class outlets, has announced its Q3 2014 financial results, highlighted by a revenue growth of 10.3% YoY, which came in at $139.6 million.
Euronext has been active in a variety of initiatives over this past year, including the expansion of a short-term maturity offering this past August. As a subsidiary of the IntercontinentalExchange Group (ICE), it handles 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 across several asset classes, including derivatives and cash trading.
More specifically, Q3 2014 revealed revenues of $139.6 million on an adjusted basis, up 10.3% YoY from $126.7 million in Q3 2013. Over this same period, revenue also jumped 24% on a reported basis.
The uptick in revenue growth was fueled by sustained cash trading, market data business, and sustained listing activity. In particular, Q3 2014 listing revenues came in at $16.4 million, up 17.9% YoY from $13.9 million in Q3 2013.
Finally, cash trading in Q3 2014 also grew 15.9% YoY from Q3 2013. Helping aid this performance was an increase of 111% in trading volumes and revamped fee changes that took effect in February 2014.