U.S. markets were volatile in the quarter due to uncertainty
around the U.S.-China trade spat. This helped exchange operators
such as ICE, who make most of their money from clearing and
Revenue from the exchange operator's biggest business, trading
and clearing, rose 22.2% to $929 million
Revenue at the data services unit, which publishes daily indexes
and historical price data, increased 4.3% to $553 million.
Net income attributable to the company rose to $529 million, or
94 cents per share, in the third quarter ended Sept. 30, from
$458 million, or 79 cents per share, a year earlier.
Excluding one-time items, Intercontinental Exchange posted a
profit of $1.06 per share, while analysts expected 96 cents per
share, according to IBES data from Refinitiv.
Total revenue, excluding transaction-based expenses, rose 11.3%
to $1.34 billion.
(Reporting by Abhishek Manikandan in Bengaluru; Editing by
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