Singapore Exchange 3Q earnings dip 1% to $99.7 mil

SINGAPORE (Apr 25): Singapore Exchange (SGX) reported 3Q19 earnings of $99.7 million, 1% lower than $100.5 million in 3Q18.

However, on a year-to-date basis, 9M19 earnings came in at $287.2 million, 3% higher than $279.5 million in 9M18.

During the quarter, operating revenue increased by 3% to $228.8 million compared to $222.2 million in the previous year, mainly due to higher contribution from the exchange’s derivatives and market data & connectivity segments.

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