Euronext books record revenues

Euronext, a subsidiary of exchange operator NYSE Euronext, reported record quarterly revenues of $419.8 million, up from $364.5 million the prior year. The first quarter has been a busy one for Euronext: Listing activity grew, netting the exchange $16.6 million in fees, up from $12.1 million, in the same period of 2006. Derivatives trading increased to $156.7 million from $132.9 million, boosted by equity and interest rates products. Cash trading also saw a quarterly increase: 74 million cash transactions were completed in the period, up from 57.7 million last year. Cash trading gains grew to $122.3 million up from $99.4 million.