MARKETS NEWS
CME's Profit Rises
Mon Nov 4, 2013 12:28 PM CST

(Dow Jones) -- CME Group Inc.'s (CME) third-quarter profit rose 8.6% as the exchange operator benefited from business driven by new U.S. regulations around derivatives trading.

Growth in CME's core business of matching up futures trades got a boost from a sharp increase in the processing of swap trades, privately negotiated derivative transactions that regulators are steering toward more-transparent platforms following the 2008 financial crisis.

The migration of such over-the-counter derivatives toward clearinghouses added to momentum in the Chicago-based company's futures markets linked to interest rates, where trading activity jumped 29% over year-ago levels, CME executives said Monday on a ...

Quick View
Related News Stories
DTN Technically Speaking Blog
Under the Agridome
Railroad Delays Interrupt Field Work
DTN's Quick Takes
Exporters Report Corn Sale
Newsom on the Market
DTN Closing Grain Comments
DTN Midday Livestock Comments
DTN Midday Grain Comments
Shaw: Under the Agridome