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More on CME Group Q3 earnings: Ugh, now we know why they're expanding to London. Revenue of...

More on CME Group Q3 earnings: Ugh, now we know why they're expanding to London. Revenue of $683M is off from $874.2M a year ago (though 2011 Q3 was exceptionally busy). Average daily trade volume of 10.8M contacts, off 26% Y/Y. Interest rate contracts daily trade of 4.5M vs. 5.1M last quarter and 6.5M a year ago - chalk the CME up as another victim of Fed rate policy. (PR)
Comments (1)
  • RRiver
    , contributor
    Comments (4) | Send Message
     
    Don't blame fed rate policy! How about customers fleeing after MF Global. I'm surprised revenue is not off more,
    25 Oct 2012, 07:50 AM Reply Like
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