Euronext revenues hit

16 May 2005

A significant drop in revenues from derivatives trading caused the biggest hit to Euronext's weaker top line in the exchange's first quarter results. Derivatives revenue fell 22% to...

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“The introduction of these contracts to trading represents a new stage in developing the Russian market in fixed income instruments as in essence futures on federal bonds are derivatives on long-term interest rates.”

Evgeny Serdyukov, director of F&O at RTS