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“Flight to Futures” Pushes CME Group to Second-Highest Quarterly Revenue
CME Group, a top derivatives marketplace, released its first quarter 2023 financial results on Wednesday, reporting $1.4 billion in revenue for the period. The amount is the Group’s second-highest quarterly revenue, according to Terry Duffy, Chairman and Chief Executive Officer.CME's Revenue Grows in Q1The revenue represents a 17% growth from the $1.2 billion the derivatives business generated during the last quarter of 2022. Also, the Group reported a total revenue of $5 billion last year.Duff...
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Posted: Apr 26 2023, 19:28
Author Name: financemagnates
Views: 111650