Data Revenues Drive Q2 Exchange Growth
Exchange's market data businesses continued to deliver solid revenue increases, in spite of overall exchange revenues.
Pan-European exchange Euronext posted market data and indexes revenue of €27.3million ($30.3 million), up 11 percent from €24.5 million ($27.2 million) in Q2 2015. Officials attribute this is to the continuing “positive impact” of new products and services launched last year, and fee adjustments, such as new non-display data polices introduced at the start of the year. Overall, Euronext says that this is its most profitable quarter since its IPO in 2014. Quarterly revenue increased by 1.7
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