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IntercontinentalExchange 2nd-quarter net up 18pct on higher fees

Posted on 02 August 2012

IntercontinentalExchange Inc.’s (ICE) second-quarter earnings rose 18% as the commodity exchange operator saw revenue boosted by higher market data and transaction and clearing fees.
Growth in Atlanta-based ICE’s futures division over the period outshined a slight decline in revenues from facilitating privately agreed transactions in swaps and other over-the-counter derivatives, as the firm prepares early next year to migrate more trading to its listed derivatives platforms………………………………………..Full Article: Source


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