Profit grows 43% at ICE
Net income at Atlanta-based Intercontinental Exchange was $103.5m in the first quarter of 2010, up 43% year on year. Total revenue for the period was $281.6m, up 22%.
Of this, $128m came from the exchange’s global over-the-counter segment, up 22%. Revenue from credit default swap trade execution and clearing was $43m. Market data revenues rose 3% during the first quarter of 2010 to $27m and consolidated other revenues were $4m.
Tocom’s gasoil contracts relistedThe Tokyo Commodity Exchange made its Gas Oil Futures contract available for trading at 9am local...