CME sees strong growth in second quarter

Total revenues for the exchange climbed 17% to $329 million, from $282 million in the second quarter of 2006. Net income increased 15% to $126 million, from $110 million a year ago.

Diluted earnings per share on a generally accepted accounting principles basis also rose, gaining 14% year-on-year from $3.12 to $3.57. Second-quarter income before taxes climbed 16%, from $180 million to $209 million.

Clearing and transaction fees at the exchange gained 11% year-on-year, from $229 million to $253