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CME Group's Q3 Earnings Soar 14% as Traders Hedge against Volatility

CME Group reported a substantial rise in its Q3 profit, attributed to traders seeking a safe haven from market volatility by using CME Group's products. The company reported a revenue of $1.3 billion and operating income of $820 million. CME Group's net income surged to $807.8 million, or $2.25 per share, for the quarter ending on September 30, according to the earnings report published by the company. This marked a significant improvement of 13.7% from the $710 million, or $1.98 per share, repo... Read More

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Posted: Oct 25 2023, 13:36

Author Name: financemagnates

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