NYSE Euronext says European derivatives boosted Q1 profit

NYSE Euronext has reported a profit increase of about 45% for the first quarter compared with Q1 of 2012. Revenue from European derivatives trading surged to $201 million amid elevated volume. IntercontinentalExchange is in the midst of a takeover proposal for NYSE Euronext, and the latter's European derivatives business is the main asset being eyed by ICE.

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