NYSE-owner ICE profit beats estimates; transaction, data units shine

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NYSE-owner ICE profit beats estimates; transaction, data units shine
France Dernières Nouvelles,France Actualités
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Intercontinental Exchange Inc , which owns the New York Stock Exchange, beat ana...

FILE PHOTO: A U.S. flag hangs outside the New York Stock Exchange building, February 15, 2011. REUTERS/Joshua Lott

U.S. markets were volatile in the quarter due to uncertainty around the U.S.-China trade spat. This helped exchange operators such as ICE, who make most of their money from clearing and settling trades. Revenue at the data services unit, which publishes daily indexes and historical price data, increased 4.3% to $553 million.

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