Exchange dismisses Eurex US's FX chances of success
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 products with a focus on technology to expand global
access to the exchange."
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