ICE feels regulatory freeze on NYSE, overall profits rise
Share:
(Reuters) - Intercontinental Exchange Inc does not expect market data sales from the New York Stock Exchange to contribute to near-term revenue growth due to regulatory and legal gridlock, the company said on Thursday after posting better-than-expected quarterly profits.NYSE-owner ICE, which also operates futures exchanges and clearing-houses, said its revenues rose 11.3% in the third quarter from a year earlier, to $1.34 billion (£1.04 billion). Nearly half of that came from ICE's data and..