CME third-quarter profit down 31% as trading volume drops

CME Group third-quarter profit fell 31% as a double-digit decline in trading volume pushed revenue down more than expected

Thursday 25 October 2012 at 08:06

CME Group third-quarter profit fell 31% as a double-digit decline in trading volume pushed revenue down more than expected.

Like its fellow exchanges, the world's largest futures market operator continues to grapple with a slowdown in trading activity. Investor confidence is still key following the twin collapses of MF Global and Peregrine Financial Group leaving holes in futures traders' accounts.