CME Group reports higher-than-expected Q2 profit due to record trading volumes.
CME Group reports higher-than-expected Q2 profit due to record trading volumes driven by market uncertainties. The exchange operator's ADV increased 13.5% YoY to 25.9 million contracts per day, with clearing and transaction fees growing nearly 12% to $1.25 billion, contributing to a 13% increase in total revenue to $1.53 billion. Adjusted profit per share reached $2.56, surpassing analysts' average forecast of $2.53.
July 24, 2024
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