Derivatives were a bright spot in the London Stock Exchange’s annual results this week, as volume rose 14% to 98.1m contracts in the year to March 2009.
The exchange as a whole made a loss of £333m for the year, largely because of a £484m goodwill writedown, mainly on its purchase of Borsa Italiana in 2007.
Clara Furse, who stepped down as chief executive after announcing the results, said: “Although market conditions will undoubtedly remain testing, the group is well positioned.”