CME hits a record as electronic trading pays off

Wednesday 27 July 2005 at 16:00

The Chicago Mercantile Exchange, the largest US futures exchange, made record profits in the three months to June 30, powered by a strong increase in trading volumes.

Revenues rose 28% to $239m (€199.2) compared with the same period last year, while net profits climbed 44% to $82m.