LONDON Feb 5 NYSE Euronext, the
exchange being bought by rival the IntercontinentalExchange
, said slower trading drove fourth-quarter net revenue
down 11 percent to $562 million.
The transatlantic exchange operator said on Tuesday
quarterly cash trading and listing revenue was down 10 percent
to $282 million, data and systems revenue fell 6 percent to $120
million and futures trading was off 14 percent to $160 million.
"The impact of lackluster trading volumes was somewhat
mitigated by lower costs and lower share count," said NYSE
Euronext Chief Executive Duncan Niederauer.
NYSE struck a deal with the IntercontinentalExchange (ICE)
in December to sell itself to the Atlanta-based energy market
for $8.2 billion in a move that will combine two powerful
derivatives exchange and clearing house operators.
"We are focused on building momentum in our business prior
to closing the deal with ICE, which we expect to close in the
second half of this year," Niederauer said.