Deutsche Börse Follows European Trend with Increase in Revenues

EXCHANGE WATCH

Deutsche Börse’s Information Services segment grew 65 percent in Q1 2003, it reported last week, despite a decline in the number of terminals receiving the exchange’s data.

The results reflect a trend among the major European exchanges, which are becoming more innovative with their market data services in the difficult economic climate.

The segment’s earnings before interest and tax (EBIT) for Q1 grew 65 percent to €12.9 million from €7.8 million in Q1 2002 as a result of lower project costs,

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