Warning as Euronext earnings leap

13 April 2012

DERIVATIVES trading in the second half of this year will be slower than in the first half, Euronext warned today.

Shares in Europe's second-largest derivatives exchange fell 1.7% to e22.85 after the warning although it reported a rise in underlying earnings for the six months to 30 June to e159.5m (£110m), 24.8% more than a year ago.

Derivatives trading revenue reached e160.1m, up from e142.3m.

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