Q3 2024 Deutsche Boerse AG Earnings Call Transcript
(audio in progress) more cost sensitive in light of the market environment in the asset management industry.
Let me turn to slide 11, the trading and clearing segment. In financial derivatives at (technical difficulty), we saw double-digit growth. In equity related product, temporary spikes of volatility had a positive impact revenue but the fact on that the environment for equity-related derivatives was more muted.
In fixed income-related products, we continue to see the impact from incentives for building initial [equity] in short-term interest rate derivatives, but does effect whereby far overcompensated through revenue growth in fixed income futures and OTC clearing.
In commodities and EX, the growth was mainly driven by a new record levels of (technical difficulty) trading in Europe. This was the result of significant market share gains from OTC and business from new clients, including (technical difficulty) driven participants.
An increase in net revenue from power spot product was compensated by a decline in margin fees. Our
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