Euronext’s Revenues Orchestrate Rise in Q2, Buoyed by Lower Expenses

[kreslik.news]

Euronext, Europe’s largest exchange, has reported its latest tranche of financial metrics for Q2 2016, which underwent a slight rise in revenues and other key figures relative to earlier this year, according to its latest earnings release.

The exchange has been battling diminished volumes throughout the 2016 calendar year, which reached a nadir back in Q1 2016. Since then, Brexit volatility has sparked trading at Euronext, and for that matter almost every other trading venue, which has led to rebounding metrics across the board, not necessarily reflected in the latest earnings.

Revenues

In terms of revenues in Q2 2016, Euronext disclosed a figure ... (read more)