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NYSE-owner ICE's first-quarter profit drops

April 28 (Reuters) - Intercontinental Exchange, owner of the New York Stock Exchange, reported a marginal drop in first-quarter profit on Thursday, as higher spending on compensation and benefits outweighed gains from a boost in trading volumes sparked by the COVID-19 pandemic.

Net income attributable to the company was down 0.6% at $646 million, or $1.14 per share, for the three months ended March 31, from $650 million, or $1.17 per share, a year earlier.

Reporting by Niket Nishant in Bengaluru; Editing by Vinay Dwivedi

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