NYSE Euronext said on Tuesday its quarterly profit rose 26 percent, matching expectations as its growing derivatives operation offset sluggish stock trading at the exchange operator.

The New York Stock Exchange parent earned $140 million, or 54 cents, in net income excluding one-time items in the first quarter ended March 31, up from $112 million, or 43 cents, a year earlier.

Including one-time items, earnings were up 25 percent at $130 million, or 50 cents per share.

Our solid first-quarter results were driven by strong growth from our derivatives businesses and the first full-quarter's impact of the NYFIX acquisition, said Chief Executive Duncan L. Neiderauer in a statement.

NYSE Euronext, which runs exchanges in a handful of U.S. and European countries, has ceded market share in stock trading to upstarts such as BATS and Chi-X, but has mostly boosted its share in options and futures markets.

The exchange operator said in late August it would acquire technology and software company NYFIX in an all-cash $144 million deal to complement its commercial technology business.

Revenue grew 7 percent to $645 million.

Analysts on average expected the transatlantic exchange group to earn 54 cents on $653.3 million in revenue, according to Thomson Reuters I/B/E/S.

NYSE Euronext