Data Revenues Drive Q2 Exchange Growth

Exchange's market data businesses continued to deliver solid revenue increases, in spite of overall exchange revenues.

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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 percen

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