CME Group profits fall 12%

The US exchange group reports profits of $235.8m for the first quarter, down from $266.6m a year ago on declining trading fees

CME Group's first-quarter earnings fell 12%, hurt by a decline in trading fees.

The parent company of the Chicago Mercantile Exchange said a daily average of 12.5 million contracts traded across its platforms in the first quarter, up 1% from a year earlier. The average rate per contract was down, however, falling 3% from a year earlier to roughly 79 cents.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump