Thursday, October 25, 2012

Reuters: Regulatory News: CME Group Q3 profit falls as trading sags

Reuters: Regulatory News
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CME Group Q3 profit falls as trading sags
Oct 25th 2012, 11:12

CHICAGO | Thu Oct 25, 2012 7:12am EDT

CHICAGO Oct 25 (Reuters) - CME Group Inc, the biggest operator of U.S. futures exchanges, reported a 30.5 percent decline in quarterly profit as investors bought and sold fewer futures and options.

Net income fell to $218.9 million, or 66 cents a share, in the quarter, from $315 million, or 95 cents a share, a year earlier, CME said on Thursday. Excluding a one-time $16 million tax hit, income would have been 70 cents per share.

Revenue fell 22 percent to $683 million.

Trading in futures and options fell 26 percent in the quarter.

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