Exchanges profited from higher than usual trading volumes in the first quarter caused partly by the Russia-Ukraine conflict and rapidly rising interest rate expectations. Volumes have, however, now fallen across all asset classes to a more historically normalised level. The declining volumes are weighing on exchange stocks, and the three months to the end of June saw the FTSE Mondo Visione Exchanges Index down by 13.9%.
Performance remained muted in May after a steep decline of 8.6% in April as concerns about the global economic outlook and prospects of higher inflation continued to weigh on the markets.
WASHINGTON (dpa-AFX) - IntercontinentalExchange Group Inc. (ICE) revealed a profit for its first quarter that increased from last year and beat the Street estimates.The company's bottom line came
In a first quarter marked by financial market volatility, exacerbated by high inflation, rising interest rates and escalation of the Russian military conflict in Ukraine, the three months to the end of March saw the FTSE Mondo Visione Exchanges Index down by 2.3%. Brazil s B3 was the best performing exchange in the quarter, with Aquis Exchange the worst.