NYSE-parent ICE reports drop in first-quarter profit 

Kitco Media
By Reuters
Published:
Updated:
Reuters
May 4 (Reuters) - New York Stock Exchange-parent Intercontinental Exchange Inc reported a drop in first-quarter profit on Thursday, as weakened demand for its mortgage technology business offset gains from a surge in trading volumes. The exchange operator reported a profit of $655 million, or $1.17 per share, for the quarter ended March 31, compared with $657 million, or $1.16 per share, a year earlier.



(Reporting by Siddarth S in Bengaluru; Editing by Krishna Chandra Eluri)

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