CME Group quarterly profit rises as market volatility boosts equity index volume
CME Group quarterly profit rises as market volatility boosts equity index volume July 22 (Reuters) - Derivatives exchange CME Group CME.O reported a rise in its second-quarter profit on Wednesday, as it benefited from heightened equity market volatility, encouraging more investors to hedge their positions.
Adjusted profit attributable to the common shareholders of the company came in at $1.08 billion, or $2.99 per share, for the three months ended June 30, compared with $1.07 billion, or $2.96 per share, in the year-ago period.
(Reporting by Pritam Biswas in Bengaluru)
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