CBOE first quarter helped by better trading volume mix

Chicago-based exchange operator beat Wall Street estimates in first quarter – attributing the result to continued growth in proprietary products

Chicago Board Options Exchange first-quarter earnings jumped 27% as the Chicago-based exchange operator reported stronger average revenue per contract, outweighing a decline in trading volume.

CBOE has been in the spotlight after its exchange was roiled by technical issues that hit trading and closed its markets. Last week an outage prevented trading in all of CBOE's markets, including the heavily traded stock-index options that are available only on the CBOE platform.

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