CME rate per contract stalls

Chicago Mercantile Exchange (CME)'s profit hit the $100m mark in the third quarter for the first time in its history amid the increasingly familiar chorus of analyst approval. However, in contrast with its proposed merger partner, Chicago Board of Trade (CBoT), CME reported only a small increase in the controversial rate per contract for the period.

The exchange turned a profit of $103.8m after tax for the third quarter, up 33.99% from $77.47m for...