Chicago Board of Trade (CBoT) reported increased revenue and
profits for the second quarter, based, the exchange said, on
increased trading volumes and revenue per contract.
CBoT's revenue rose by 18% compared to the same period in
2004, to $120.6m from $102.1m.
Profit rose by a slightly smaller degree, an increase
of 10%, to $18.2m from $16.5m. This smaller increase came
despite the exchange increasing its revenue per contract from
45.5 cents in the second quarter of 2004 to 49.9 cents in the
same period this year. This could be partly explained by the
final settlement of the long-standing lawsuit brought by
minority members against CBoT (see FO Week Vol 9 No
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