Tag: $CME Group

CME beats profit estimates as volatility drives record trading quarter

Derivatives exchange CME Group (NASDAQ:CME) beat Wall Street estimates for second-quarter profit on Wednesday, as record volatility boosted demand for its products, which are often used to hedge against macroeconomic uncertainty.

CME Group’s profit rises as hedging demand lifts trading volume

Exchange operator CME Group reported a higher fourth-quarter profit on Wednesday, helped by increased hedging activity by investors looking to mitigate risks from geopolitical and economic uncertainty.