CME Group has reported strong Q3 earnings following the completed merger with Chicago Board of Trade (CBoT). The exchange recorded total revenues of $565m, representing a 106% from Q3 2006, when revenues totalled $275m.
Net income also rose dramatically to $202m, a 94% increase year-on-year from 2006 levels of $104m.
CME Group finished a record quarter with an unprecedented volume increase of nearly 50%, said CME Group executive chairman Terry Duffy. Our successful merger with CBoT has positioned us as a leader in all major asset classes, and we saw robust growth in our agricultural, equity index, foreign exchange and interest rate products, as well as in our energy and metals derivatives processing business. Looking ahead, we are intensely focused on successfully completing our integration with CBoT and serving our expanding customer base around the world.
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