NYSE-owner ICE reports 26% fall in third-quarter profit

(Reuters) – Intercontinental Exchange Inc , owner of the New York Stock Exchange, reported a 26% fall in third-quarter profit on Thursday, hurt by higher expenses, mainly related to the company’s acquisition of mortgage tech firm Ellie Mae.

Net income attributable to the company fell to $390 million, or 71 cents per share, for the quarter ended Sept. 30, from $529 million, or 94 cents per share, a year earlier.

(Reporting by Niket Nishant in Bengaluru; Editing by Rashmi Aich)