Cost-cutting helped Deutsche Börse maintain profitability to counter only a small rise in revenue.
The exchange published its figures for the second quarter of 2011 which showed interest and tax (EBIT) had risen by 7% to €276.5m.
The group’s total costs decreased to €289.2 m, 19% below the costs in the previous year.
It helped counter sales revenue of €528.6m which was 6% lower than in the second quarter last year.
The exchange said the previous year’s volumes were particularly high due to market volatility and had not been repeated.
Gregor Pottmeyer, Deutsche Börse chief financial officer, said: “We maintained our rigorous cost discipline in the second quarter of 2011, enabling us to further optimise costs for the...