CME announces record earnings
01 Aug 2005
Chicago Mercantile Exchange (CME) announced record earnings figures last week, with net revenues climbing 28% to $239m and a 57% pre-tax operating margin representing the highest quarterly rate in the exchange's history. Net income totalled $153m, compared to $103m for the same period last year.
Craig Donohue, CME's CEO, attributed the exchange's continued success to its "strategy of broadening the range of electronic...
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