NYSE Euronext has said a decline in trading volumes coupled with additional costs related to the merger of the New York Stock Exchange and Euronext in 2007 were the primary drivers behind the exchange reporting a fourth quarter 2008 loss of $1.34bn. NYSE Euronext announced the loss when outlining its annual results, which revealed a loss for the full year of $738m.
Despite the disappointing financial results, NYSE Euronext’s derivatives segment enjoyed a successful year.
NYSE Euronext’s European derivatives segment, Liffe recorded an increase in trading for year as volumes surpassed 1bn trades for the first time, representing an 11% increase year-on-year.
Liffe’s over-the-counter...