Transatlantic exchange giant NYSE Euronext plans to treble the revenue it derives from selling systems to rivals and clients in a bid to reduce further its reliance on equities and derivatives trading as its main sources of income.
The exchange has this year reorganised itself into three distinct groups: equities trading and listing, global derivatives, and technology and data. NYSE Euronext expects dramatic growth from technology and data, according to its chief financial officer Michael Geltzeiler.