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NYSE Euronext's quarterly net soars on expansion, volumes
NYSE Euronext's fourth-quarter net profit more than tripled, boosted by its expanding global presence and volatility-driven growth in trading volume, the stock-exchange operator said Tuesday. Growth primarily reflected the acquisition of European exchange business Euronext last April, but the company said the results also stemmed from record transaction volumes across most business lines. "We reached new levels in trading volume, message traffic, and global IPO proceeds," said CEO Duncan Niederauer.