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ICE credits rule changes for lift
INTERCONTINENTAL Exchange yesterday credited the swathe of new financial rules for its 18 per cent jump in net income to $143m.
Revenues rose eight per cent to $351m (£225m), in part thanks to its work helping clients “comply with new requirements under financial reform”.
A strong showing for ICE’s energy futures market helped cushion a two per cent fall in over the counter transaction and clearing revenues.