Low Trading Volumes Hurt Euronext’s Revenues in Q3 2016

[kreslik.news]

Euronext, Europe’s largest exchange, has reported its latest result of financial metrics for Q3 2016, which show disappointing revenues relative to the relevant period last year, according to its latest earnings release.

In terms of actual numbers, Euronext reports revenues of just €112.8 million in the third quarter of the year. This is a decrease in revenue of 15.2% from €133.0 million in Q3 2015 which was the second best quarter ever. The drop in revenues is also along similar lines in a month over month comparison as Q2 2016’s figure was €132.3 million.

[b][i]Don’t miss your last chance ... ([url=http://www.financemagnates.com/institutional-forex/exchanges/low-trading-volumes-hurt-euronexts-revenues-in-q3-2016/]read more)