The London Stock Exchange Group (LSEG) said total net treasury income through the CCP business was up 51.3%, from 51.3 million in 2011 to 126.9 million in 2012.
The exchange reported its preliminary results today.
Total net income for the year ending March 31 2012 was up 21% at 814.8 million (2011: 674.9 million). Revenue was revenue up 10% at 679.8 million (2011: 615.9 million).
Profit before tax was up 169% at 639.7 million, which includes recognition of the value of the groups existing interest in FTSE (2011: 238.2 million).
Post trade services were up 2%, from 99.3 million in 2011 to 101.6 million in 2012.
Chris Gibson-Smith, chairman, LSEG, said: “This has been a very significant year for our business. The successful execution of our strategy has produced tangible operational and financial benefits and we have delivered growth, diversification and performance.
“Looking ahead, we are excited by the opportunities for the business. In particular our full ownership of FTSE and our shareholder-approved transaction with LCH.Clearnet will continue to transform our organization. We are well placed and remain firmly focused in our pursuit of driving long-term shareholder value.”
The group completed of the remaining 50% of FTSE, providing further growth opportunities across the group.
The high performance MillenniumIT trading system has exceeded expectations since implementation on LSE and Turquoise; go live on Borsa Italiana MTA cash market is expected in summer 2012
Furthermore, the group is also developing technology partnerships with the Delhi Stock Exchange, the Mongolian Stock Exchange, Johannesburg Stock Exchange and Oslo Bors
Commenting on the year, Xavier Rolet, chief executive, LSEG, said: “Building long-term partnerships with our customers, successfully integrating new acquisitions and delivering on our stated cost and revenue synergies will continue to be the key areas of focus for us. We will continue to innovate across our markets, products and services and we expect to make further good strategic progress.”
(JDC)