CME Group’s first-quarter adjusted profit rises on trading strength

By Thomson Reuters Apr 24, 2024 | 9:10 AM

(Reuters) – CME Group reported an increase in first-quarter adjusted profit on Wednesday on higher demand for its products to hedge against market volatility.

On an adjusted basis, CME Group’s net income rose to $911.1 million, or $2.50 per share, in the quarter, from $882.3 million, or $2.42 per share, a year earlier.

(Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Shounak Dasgupta)