News Column

Fast trades no issue for CME

May 2, 2014

CITY A.M. REPORTER



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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