The LSE acquired a majority stake in LCH.Clearnet in May. Revenues adjusted to strip out currency fluctuations and the impact of its acquisition were up eight per cent.
The figure beat a consensus estimate by 10 analysts for revenue of £233.4m in the three months to June 30. The exchange, which draws revenue from trades executed on its markets, said it was well placed to build on a positive start to its financial year.
“We remain focused on delivering benefits from recent transactions, developing opportunities and expanding our global footprint,” said chief executive Xavier Rolet in a statement.
Yesterday, it was also announced that Ian Axe is stepping down as chief executive of LCH.Clearnet Group and LCH.Clearnet. He will stay in post to ensure an “orderly handover” and a search for a successor has already started.