News Column

Fast trades no issue for CME

May 2, 2014


CME Group yesterday sought to calm investors' concerns about its exposure to possible US regulations targeting high-frequency trading, after the world's largest futures market operator reported a 13 per cent rise in first-quarter earnings.

CME, which owns the Chicago Mercantile Exchange and other markets, said net profit rose to $266.8m. The firm said highfrequency trading made up about 30 per cent of volume and less than 15 per cent of revenue in the quarter.

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Source: City A.M. (UK)

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