CBOT profits soar despite volume drop

Net profits of CBOT Holdings, the parent company of the Chicago Board of Trade and the second-largest US derivatives exchange, climbed 82% to a record $76.5m (€64m) last year on revenues up 23% to $466m.

The results were driven by an increase in fees and growth in electronic trading.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink