Explosive Growth: Exchanges Report Record $30.7 Billion Revenue in 2017

Growth in transaction-based revenue and new business lines drove growth for exchanges across the globe

Global revenues for exchanges reached record highs in 2017 according to a new report by Burton-Taylor International Consulting.  The firm, which is owned by TP ICAP, claims that exchanges made over $30 billion in revenue last year.

Intercontinental Exchange (ICE), the owner of NYSE Euronext, was the largest exchange in the world last year.  The firm made $4.6 billion in revenue in 2017, a 4.6 percent increase on 2016.  This also meant it made 15 percent of the total $30.7 billion in revenue made by exchanges across the globe last year.

Read the full story here:  https://www.financemagnates.com/institutional-forex/exchanges/explosive-growth-exchanges-report-record-30-7-billion-revenue-2017/

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