Euronext's chief executive Stéphane Boujnah said the Paris-based company would keep moving on plans for mergers and acquisitions during the coronavirus pandemic as it reported a 55.2% increase in revenues in the first three months of 2020 to €236.8m.

Trading revenue surged by 73.3% to €111.8 million at Europe's largest exchange operator – which also operates exchanges in Amsterdam, Brussels, Dublin, Lisbon, London and Oslo – as volumes swelled during Covid-19 realated market volatility. It also saw a 76.5% jump in operating profit to €136.1m, up from €77.1m for the same period last year.