CME Group’s second-quarter earnings and revenue rose sharply as the derivatives-exchange operator benefited from a surge in trading activity due to market volatility.
The Chicago firm, which hosts trading of commodity futures and other derivatives on the Chicago Mercantile Exchange and elsewhere, on Wednesday posted earnings of $1.03 billion, or $2.81 a share, up from $872.1 million, or $2.42 a share, a year earlier.