NYSE Euronext announces Third Quarter 2009 financial results

NYSE Euronext announces Third Quarter 2009 financial results

30/10/09

NYSE Euronext (NYX) today reported net income of $125 million, or $0.48 per diluted share, for the third quarter of 2009, compared to net income of $174 million, or $0.66 per diluted share for the third quarter of 2008.  Third quarter 2009 GAAP results include the impact from merger expenses and exit costs, the impact of the disposition of Hugin Group B.V., the sale of our investment in BM&F Bovespa and a fair value adjustment to our investment in BIDS Holdings, L.P.  Pro forma non-GAAP diluted earnings per share excluding these items was $0.53 in the third quarter of 2009, compared to $0.72 in the third quarter of 2008.           

“We continue to see stabilization in our core businesses and significant progress on our new initiatives,” said Duncan L. Niederauer, CEO, NYSE Euronext.  "We have successfully maintained market share in our U.S. (NYSE) and European cash markets and have grown market share in U.S. equity options.  We have seen a strong increase in new issuances, where we lead the U.S. in both IPOs and secondaries.  We significantly enhanced our global derivatives franchise with today’s announced semi-mutualization of our U.S. futures exchange.  In addition, we announced a similar semi-mutualization of our NYSE Amex equity options business, launched NYSE Liffe Clearing in Europe and established New York Portfolio Clearing, a joint venture with DTCC.  Lastly, our announced acquisition of NYFIX will greatly expand our NYSE Technologies product offering and client base.”

 

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