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
  • Is Your Burndown Working? A cool, wet spring and the spread of herbicide-resistant weeds mean farmers should take the extra...
  • Gains on Covers It took Jerry Doan several years and a lot of trials, but the North Dakota beef producer has lear...
  • Side-by-Sides and Cool Helmets Side-by-side manufactures continue to roll out new machines and machine updates. Here are two more.
  • Stress Test for Borrowers Farm finances rate an "A" now, but economists debate if that's good enough to handle a major corr...
  • Senators Question EPA A group of U.S. senators Wednesday told President Barack Obama that his administration has not fo...
  • Climate Work Ahead at USDA Ag Secretary Tom Vilsack spoke about GOP complaints regarding the Obama administration's work wit...
  • Full-Circle Farming Bill Couser sees farming as a full circle. If it comes off the farm, it can go back into the farm.
  • Making the Grade What if corn isn't cheap the next five years? Fickle price projections can sway farm bill choices.
  • Ask the Vet What's my best bet for fly control?
Related News Stories
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
DTN Midday Grain Comments
View From the Cab
DTN Before The Bell Grain Comments
DTN Early Word Opening Livestock
DTN Early Word Grains
DTN Closing Grain Comments
DTN Midday Livestock Comments