London Stock Exchange reports 19% surge in third-quarter revenue

London Stock Exchange, which agreed to merge with German rival Deutsche Boerse to create a giant European trading house, reported a 19 per cent rise in third-quarter total income from continuing operations, aided by growth in all its businesses.

The company, which owns Borsa Italiana and the London Stock Exchange, said total income from continuing operations rose to £414.6 million (€463 million) in the quarter ended September 30th from £349.4 million a year earlier.

“We remain focused on achieving the necessary regulatory approvals to complete the merger with Deutsche Boerse, creating a global markets infrastructure group,” LSE chief executive Xavier Rolet said in a statement.