Derivatives exchange CME's profit rises on higher trading activity

Reuters02-04 20:06
Derivatives exchange CME's profit rises on higher trading activity

Feb 4 (Reuters) - Derivatives exchange CME Group CME.O posted a rise in fourth-quarter profit on Wednesday, as strong demand for equity and metal products bolstered trading volumes.

Excluding one-time items, profit attributable to CME shareholders stood at $997.7 million, or $2.77 per share, for the three months ended December 31, compared with $907.4 million, or $2.52 per share, a year earlier.

(Reporting by Pragyan Kalita and Prakhar Srivastava in Bengaluru; Editing by Shilpi Majumdar)

((Pragyan.Kalita@thomsonreuters.com;))

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