Briefly

The NYSE said Tuesday that its second-quarter profit more than doubled as it cut expenses.

Net income rose to $11.6 million from $5.6 million in the second quarter of 2002. Revenue was little changed at $271.5 million.

Average daily trading volume for the first six months of 2003 was 1.45 billion shares, up from 1.38 billion shares a year earlier.

The Nasdaq market this month said it lost $49 million in the second quarter as it took $57.8 million in charges to close five ventures, including its European marketplace.