SGX Quarterly Profit Fell 12 pct on Volume Plunge

BusinessWeek, 16 Jan 2012
Jan. 16 (Bloomberg) -- Singapore Exchange Ltd., operator of Asia’s eighth-largest equity market by value, said second- quarter net income fell 12 percent from a year earlier as daily trading volumes plunged 37 percent. Revenue from derivatives products climbed 11 percent amid market volatility.
Profit in the three months ended December fell to S$65.4 million ($50.6 million) from S$74.2 million a year earlier, .... Full story

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