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 ...

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