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NYSE takes Q4 hit as it readies for new Ice age

The transatlantic exchange booked $73m in merger expenses and exit costs in the fourth quarter, which were partly attributed to scrapping plans for a London-based derivatives clearinghouse

NYSE Euronext, which is looking to wipe the slate clean ahead $8.2bn takeover by Atlanta's IntercontinentalExchange, took a $73m hit in the last three months of 2012 from exceptional charges related to the merger and other exit costs.

The transatlantic exchange operator, which today reported its fourth quarter results, posted a 75% year-on-year slump in net profit to $28m in the three months ending December 31.

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