NYSE Euronext Reports $184 Million in Profit

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NYSE Euronext (NYSE:NYX), the trans-Atlantic stock exchange operator reported a net profit of $184 million for its second quarter, a sharp reversal from last year’s loss of $182 million last year. The company was aided by asset sales and record-setting trades on U.S. options and futures in the United Kingdom.

"We're growing our derivatives business, stabilizing our cash equities business, and providing innovative technology solutions," said Duncan Niederauer, NYSE Euronext’s CEO.

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Niederauer said the company’s expansion of its U.S. derivatives business may be postponed until 2011 because of regulatory concerns.

The company reported 70 cents earnings per sharem beating Wall Street expectations. By contrast, the company reported a loss of 70-cents in the year prior.

The company also reported a $54 million pre-tax gain from its sale of a 5% stake in India's National Stock Exchange worth $175 million.

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