Euronext NV today reported that the first quarter of 2007 was its best ever with strong level of activity on both its cash and derivatives markets.

Revenues for the first quarter reached a record level of 310.1 million euros, up 15.6% compared to the 268.1 million euros achieved in Q1 2006.

The first quarter was a record on the Euronext cash markets, with nearly 74 million cash transactions completed. Compared with the 57.7 million transactions recorded during the same quarter in 2006, this represents an increase of 28.1%. Thanks to this high level of activity, revenues from cash trading amounted to 89.9 million euros in Q1 2007 (+23.1% compared to the same quarter last year).

The Euronext.liffe also traded a record quarter across all the product lines of its derivatives business: equity products (+18%), interest rates products (+23%) and commodity products (+17%). Revenues from derivatives trading stood at 115.3 million euros, +17.9% compared to Q1 2006 (97.8 million euros).

The exchange’s MTS fixed-income division saw revenues of 6.1 million euros, an increase of 2.5% compared to Q1 2006, benefiting from record volumes for the Repo and BondVision markets.

The settlement and custody business increased revenues by 11.4%, to 3.9 million euros, thanks to the rise of share market prices and combined with an increase in volumes.

Also, information services’ quarterly revenues rose by more than 25% from 26.2 million euros in Q1 2006 to 32.8 million euros this quarter.