(Reuters) -Intercontinental Exchange reported a higher fourth-quarter profit on Thursday, as the New York Stock Exchange parent benefited from strong trading volumes in the energy and options segments.
The global commodity and energy markets saw significant volatility due to the conflict in the Middle East. Market turmoil tends to boost overall trading volumes for exchanges.
The exchange operator said revenue from trading in energy-related products surged 16% in the fourth quarter to $477 million.
The company reported adjusted earnings of $875 million, or $1.52 per share, for the three months ended Dec. 31, compared with $760 million, or $1.33 per share, a year earlier.
(Reporting by Pritam Biswas in Bengaluru; Editing by Shailesh Kuber and Devika Syamnath)
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