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Deutsche Boerse third quarter profit doubles

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By Abdul Ahad
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FRANKFURT: German stock market operator Deutsche Boerse on Wedneday reported a doubling of its third quarter profit to 315 million euros ($433 million).

Revenue rose by 20 percent to 605 million euros.

The figures included 25 million euros costs for preparation for its merger with NYSE Euronext, plus a 94 million euro gain from fluctuations in the value of derivatives exchange Eurex which Deutsche Boerse is to take over at the beginning of next year.

Copyright AFP (Agence France-Presse), 2011

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