EXCHANGE NEWSWIRE, 03 August 2010

NYX 2Q10 EPS rose 25% Y/Y to $0.64, beating consensus estimates by five cents. Net revenues were broadly in-line with consensus at $654 mn, up 7% Y/Y.  Net trading revenues rose 10% Y/Y to 334 mn, listings were up 4% to $105 mn, technology revenues increased 53% Y/Y to 75 mn and market data revenues declined 8% Y/Y to $93 mn. Expenses were down 7% Y/Y to $407 mn. NYX lowered FY10 expense guidance by 2% to a new $1,685-$1,729 mn range.

NASDAQ OMX launched Directors DeskSM Enterprise Management System, a proprietary solution within Directors Desk to simplify the management of multiple subsidiary or related-entity boards with a one click solution.

GFI 2Q10 non-GAAP EPS was $0.10 compared to $0.12 a year ago. Revenues were $210 mn, down 7% Y/Y, due to lower principal transaction revenues. Compensation expense was 67.7% of total revenues.

LCH.Clearnet will clear Spanish government bonds and repos. The service will be launched on 9-Aug. It will be operated by LCH.Clearnet Limited’s RepoClear service with trades settling at either Euroclear Bank or Clearstream Banking Luxembourg.

SGX cleared its first Container Swap trade on 2-Aug. SGX offers four major container freight routes: Shanghai-Europe/Mediterranean, US West and East Coasts.

BM&FBovespa will add Banco Santander Brasil to the Bovespa index on September 1.

SIX Exchange and Scoach July turnover was CHF90.1bn (-10.1% m/m) or 2.88m trades.

Instinet will launch Instinet Options CBX, a platform that offers dark matching of options in the US. Matched trades will be sent to CBOE for execution.

OSE July total Derivatives ADV was 761k units (+0.1% y/y; -12.5% m/m) or ¥1.2tn. Total Cash ADTV was ¥57.3bn (-56% y/y; -8% m/m) or 48.4m shares.

Tokyo Grain Exchange July volume was 165.8k contracts (-66.2% y/y;-8.3% m/m). Soybeans volume was 68.3k contracts, Corn volume was 63.7k contracts, Azuki volume was 14.7k contracts and Raw Sugar volume was 12.2k contracts.

MasterCard reported 2Q10 EPS of $3.49, up 31% Y/Y and topping analyst’s estimates. Net revenues rose 7% Y/Y to $1.4 bn driven by a 15.2% increase in cross-border volumes and an 8.5% increase in gross dollar volume.

Cielo will acquire a majority stake in M4 Produtos e Servicos SA and Multidisplay Comercio e Servicos Tecnologicos for BRL 50.1 mn. American Banknote agreed to buy another 30% stake in M4 and Multidisplay.

State Street is looking for acquisitions in the actively managed investment fund landscape.

Och-Ziff lost $1.05 per diluted share in 2Q10 on a GAAP base. The Company declared a $0.11 per share second quarter cash dividend on its Class A Shares.

Interactive Brokers: July cleared DARTs declined -6.8% M/M (+13% Y/Y) to 328k, client accounts increased +0.8% M/M (+19.3% Y/Y) to 147.1k and customer equity increased +6.7% M/M to $17.5 bn (+45% Y/Y).

TradeStation July DARTs declined -8.5% M/M (+1.0 Y/Y) to 80.5k. Client assets increased +2.6% M/M (+16% Y/Y) to $2.2 bn and margin balances remained flat M/M  (+92% Y/Y).

Hellenic Exchanges was downgraded to "Equal-weight" from "Overweight" at Euroxx. The 12-month target price is €5.70 per share.

Provided By: Equity Research Desk, www.erdesk.com